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Updates from the SEC s Acting Director of the Division of Corporation Finance | Mayer Brown Free Writings + Perspectives

To embed, copy and paste the code into your website or blog: SEC Division of Corporation Finance Acting Director John Coates participated in a fireside chat on April 7, 2021 during the annual Global Capital Markets & the US Securities Laws program hosted by the Practicing Law Institute (PLI). Acting Director Coates, when asked about his priorities at the SEC, mentioned three items: the “unprecedented surge” in special purpose acquisition company (SPAC) filings, reporting company ESG disclosures (including disclosure of climate change and potentially political spending), and improvement of the proxy voting system (commonly referred to as “proxy plumbing”). With respect to ESG issues on a global scale, Acting Director Coates provided insight into the International Organization of Securities Commissions’ recent statement announcing the creation of a Technical Expert Group co-led by the SEC to undertake an assessment of the recommendations to be developed as part of the IFRS

Sen Kennedy Named to Top 10 Effective GOP Lawmakers List

Sen. Kennedy Named to Top 10 Effective GOP Lawmakers List The Center for Effective Lawmaking evaluated fifteen different metrics in compiling its list, including the number of bills introduced by each legislator, how far each bill advances and the significance of those bills. Kennedy, the state s junior Senator, introduced more than sixty bills in the most recent legislative session, all of them, according to the Center, were substantive. Senators Marco Rubio from Florida, Roger Wicker of Mississippi and Texas John Cornyn were ranked one, two and three in the ranking of GOP Senators. Senator Kennedy was in the #9 spot. In the last session of the Trump Presidency, three of Kennedy’s bills were signed into law by Mr. Trump. Those included the Holding Foreign Companies Accountable Act, the Rebuilding Small Businesses After Disasters Act and the National Flood Insurance Program Extension Act of 2019.

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