SEC Commissioner Caroline Crenshaw recommended that companies assess and adapt their internal accounting controls to safeguard corporate assets from evolving environmental, social and governance risks.
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The CFTC requested information and comment on potential modifications to its swap clearing requirement to address benchmark reform.
FINRA adopted amendments to rules on continuing education and registration requirements to provide accommodations for individuals with terminated registrations to maintain their qualification.
The SEC amended federal proxy rules to require (i) parties in a contested election to use universal proxy cards that include all director nominees at a shareholder meeting and (ii) enhanced disclosure and voting options in all director elections.
The UK Financial Conduct Authority confirmed new rules regarding legacy use of the synthetic sterling and Japanese yen LIBOR for contracts that have not fully transitioned away from the benchmark rate by December 31, 2021.