Portfolio Oversight Content

The Investment Company Institute submitted a letter SEC Chair Gensler, requesting that the SEC suspend the compliance dates for certain recent regulatory actions, halt work on not-yet-finalized rulemaking, and extend soon-to-expire relief that would have a significant impact on...

In July 2022, the SEC proposed amendments to Rule 14a-8 (the shareholder proposal rule) by a 3-2 vote. The proposal would narrow three bases upon which companies may exclude shareholder proposals from their proxy statements: the “substantial implementation, ” “duplication, ” and...

IDC Letter to SEC Highlights Proper Role of Fund Boards Letter Outlines Approach to Limiting Directors’ Responsibilities Under SEC Rules to Fund Oversight Washington, DC, June 23, 2016 - The proper governance role of fund independent directors is oversight, not management, the...