As many of us are aware, in late 2025 the SEC’s Division of Corporate Finance announced it was withdrawing from its role of providing staff guidance for companies seeking relief from a potential SEC enforcement action. For decades, companies sought that relief by filing a “No Action” letter with the staff, and asking for assurance […]
NEW YORK, NY — Nathan Cummings Foundation (NCF) announced earlier this week that it has filed a lawsuit against Axon Enterprise, Inc. (AXON) in the U.S. District Court for the District of Columbia. The suit seeks to prevent AXON from excluding NCF’s shareholder proposal requesting greater transparency around the Company’s political spending. This filing by […]
On February 12, 2026 the U.S. Environmental Protection Agency officially rescinded the Endangerment Finding, which dates back to 2009 and has underpinned the ability of the federal government to regulate greenhouse gas emissions from power plants, vehicles, and other heavy emitters. This action will severely compromise the federal government’s ability to respond to the threat […]
In response to the anti-immigrant policies of the U.S. administration, the killing of civilians by federal agents and the increasing rollback of constitutional rights, ICCR issued the following statement: The recent violence we have seen in Minnesota, Maine, California, Illinois and elsewhere in our country shocks the conscience. Deeply rooted constitutional protections and values including […]
The recent announcement by the SECʼs Division of Corporation Finance that its staff will not, during the 2026 proxy season, “… respond to no-action requests related to any basis for exclusion other than 14a-8(i)(1)” leaves both companies and investors in uncertain, uncharted waters. The lack of staff input deprives companies and proponents of an orderly […]
Late last week, the SECʼs Division of Corporation Finance updated its Compliance and Disclosure Interpretations to advise that, going forward, the staff will object to using the SECʼs EDGAR filing platform to file Rule 14a-2(b) Notices of Exempt Solicitation by any shareholder holding less than $5 million in shares of the company to which the […]
The recent announcement by the SECʼs Division of Corporation Finance that its staff will not, during the 2026 proxy season, “… respond to no-action requests related to any basis for exclusion other than 14a-8(i)(1)” leaves both companies and investors in uncertain, uncharted waters. The lack of staff input deprives companies and proponents of an orderly […]
Authors Sehr Khaliq is the Director of Program Evaluation, and Timothy Smith is the Senior Policy Advisor at the Interfaith Center on Corporate Responsibility (ICCR). This post is based on their ICCR report. New York City Comptroller Brad Lander[i] recently urged three of the city’s pension funds to drop BlackRock, Fidelity, and PanAgora because of “inadequate” […]
Members of the press seeking comment/interviews with ICCR staff or members should contact ICCR’s Director of Communications, Susana McDermott: Email: smcdermott@iccr.org
