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Post-Election Regulatory Changes to Corporate Governance Mirror Broader Political Shift

Significant post-election shifts in corporate governance policy are already occurring among regulators, self-regulatory organizations and proxy advisors. The SEC will no longer litigate its climate disclosure rules,...more

Fifth Circuit Strikes Down Nasdaq Diversity Disclosure Rule

By a 9-8 majority, the Fifth Circuit Court of Appeals struck down the rule proposed by Nasdaq and approved by the SEC requiring most Nasdaq-listed companies to either maintain at least two diverse directors on the board or...more

SEC Adopts Final, Comprehensive Climate Disclosure Rules

On March 6, 2024, the U.S. Securities and Exchange Commission (the “SEC”) adopted on a 3-2 vote its long-awaited, comprehensive rules for enhancing and standardizing climate-related disclosures by public companies in periodic...more

Business Coalition Sues California to Block New Climate Disclosure Laws

On January 30, 2024, the U.S. Chamber of Commerce and five co-plaintiffs representing a coalition of business groups filed a lawsuit against the California Air Resources Board (“CARB”), an agency of the State of California...more

California Governor Signs Climate Disclosure Bills with Significant Impact for Entities of All Forms Doing Business in the State

The two new California laws apply to both public and private corporations, partnerships, limited liability companies, or other business entities meeting applicable revenue thresholds and doing business in California, without...more

SEC Proposes Comprehensive Climate-Related Disclosure Rules

On March 21, 2022, the U.S. Securities and Exchange Commission (the “SEC”) released its new and longanticipated proposed rules for the enhancement and standardization of climate-related disclosures. The proposed rule...more

International Capital Markets Newsletter: The ESG Edition - June 2021 – Issue 4: SEC’s Recent Pronouncements on ESG and Other...

That the meaning of “ESG” no longer needs to be explained, illustrating how important these issues have become to investors, public companies, international capital markets and, correspondingly, the U.S. Securities and...more

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