As part of our stewardship efforts, LACERA tracks and comments on proposed changes to relevant laws and regulations, as well as any other issues that could affect our investments. Public correspondence to legislators, regulators, and other entities includes the following:
LACERA comment letter to the U.S. Securities and Exchange Commission regarding proxy research regulation.
LACERA comment letter to the U.S. Securities and Exchange Commission regarding proposed reforms to shareholder resolution rules.
LACERA comment letter to the U.S. Securities and Exchange Commission regarding Regulation S-K and enhanced human capital disclosures.
Council of Institutional Investors joint investor letter to the Securities and Exchange Commission regarding proxy research regulation and prospective rulemaking.
LACERA comment letters to the New York Stock Exchange and NASDAQ in support of Council of Institutional Investors’ petitions to amend the exchanges’ listing standards to require sunset provisions on multiclass share structures.