October 26, 2023
The Sixth Circuit on Thursday questioned the U.S. Securities and Exchange Commission's short public comment period on plans to reverse Trump-era rules governing proxy advisory firms, with one judge speculating whether it was a tactic from the agency to moot separate litigation involving the rule.
May 04, 2023
The U.S. Chamber of Commerce and other business groups are planning to ask the Sixth Circuit to revive a lawsuit claiming the U.S. Securities and Exchange Commission improperly revised rules governing proxy advisory firms after a Tennessee federal judge dismissed their suit last week.
April 25, 2023
A Tennessee federal judge has granted the U.S. Securities and Exchange Commission an early win in a suit seeking to nullify its rule reversals governing proxy advisory firms, finding the agency sufficiently explained why it found the rule reversal to be preferable.
November 04, 2022
The U.S. Securities and Exchange Commission asked a Tennessee federal court on Friday to grant it an early victory against business groups seeking to nullify the agency's rule reversals governing proxy advisory firms, arguing that it followed procedure and protected investors.
September 26, 2022
Business groups including the U.S. Chamber of Commerce asked a federal judge to grant them an early win in their bid to undo the U.S. Securities and Exchange Commission's partial rollback of Trump-era proxy voting rules, claiming the agency's hastiness violated federal law.
July 28, 2022
The U.S. Chamber of Commerce and two other lobby groups sued the U.S. Securities and Exchange Commission on Thursday over the agency's rollback of Trump-era proxy voting regulations that had increased oversight of proxy advisory firms, claiming the agency has "utterly failed" to justify the reversal.