Archives for Corporate Governance

Letter to the UK Corporate Governance Reform Team regarding its corporate governance reform green paper (2/17/17)

Date: February 17, 2017

Issue: Corporate governance

To: UK Corporate Governance Reform Team

Filing Type: Letter

Description: This letter submits comments in response to the UK's Corporate Governance Reform Green Paper. In it, CCMC highlights the corporate governance principles that contribute to vibrant capital markets and economic growth, and encourages the UK to prioritize growth as it considers the corporate governance framework for its public companies.

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Letter to the SEC regarding the meeting of the Advisory Committee on Small and Emerging Companies (2/15/17)

Date: February 10, 2017

Issue: Initial public offerings (IPOs)

To: Securities and Exchange Commission (SEC)

Filing Type: Letter

Description: CCMC highlights the SEC regulatory challenges faced by public companies, and companies wanting to go public, as well as encourages the SEC to focus on its important mission to facilitate capital formation, helping more business access the capital markets.

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Letter to the FSB regarding climate-related financial disclosures (2/10/17)

Date: February 10, 2017

Issue: Corporate Disclosure

To: Financial Stability Board (FSB), Bank for International Settlements

Filing Type: Comment Letter

Description: CCMC is concerned with the FSB's report, Recommendations of the Task Force on Climate-Related Financial Disclosures, which asserts, on page 35 and elsewhere, that companies should be required to provide climate-related disclosures in their “mainstream (i.e., public) financial filings” because doing so “will ensure that appropriate controls govern the production and disclosure of the required information.” This is not, and has never been, the standard for disclosure under the federal securities laws. No matter the topic or the merit of any proposed disclosure’s objective, the Supreme Court’s traditional materiality standard should be the benchmark as the SEC, and other policymakers in the U.S. consider whether to impose new disclosure obligations on reporting companies.

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Coalition letter to the SEC regarding universal proxy proposal (1/9/17)

Date: January 9, 2017

Issue: Corporate Governance

To: Securities and Exchange Commission

Filing Type: Coalition Comment Letter

Description: The letter from the Corporate Governance Coalition for Investor Value urges the SEC to abandon its universal proxy proposal, citing fatal flaws and unintended consequences.

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Letter to the SEC regarding universal proxy proposal (1/9/17)

Date: January 9, 2017

Issue: Corporate Governance

To: Securities and Exchange Commission

Filing Type: Comment Letter

Description: The letter urges the SEC to abandon its universal proxy proposal, citing fatal flaws and unintended consequences.

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