A little-noticed proposal from the Texas Stock Exchange could redefine how shareholder power is exercised across US public markets.

As the Commission considers scrapping its climate disclosure regime, Minerva argues the rules require revision rather than repeal.

Investors need certainty about the rules and consistency in how evidence is weighed.

As the US retreats from mandatory climate disclosures, Singapore is strengthening alignment with ISSB sustainability reporting standards.

The SEC’s decision to delay reforms to the shareholder proposal regime reduces immediate disruption but fails to assuage concerns over potential retreat from Rule 14a-8.

A potential repeal of Rule 14a-8 would turn the SEC’s retreat from shareholder proposal oversight into a structural test of whether US investors still have a reliable route to raise governance concerns at companies.

A US Supreme Court ruling has handed closed-end fund boards a major win, shutting down a legal tactic activist investors had started to use to challenge entrenched governance structures.

The US Securities and Exchange Commission’s move to scrap its climate disclosure rules has not ended the debate, but pushed it into a longer and more uncertain new phase.