Five-Minute ‘Flash Crash’ Hits Nordic Equity Markets
Market participants are left wondering why the OMX Stockholm 30 Index fell 8% in just five minutes.
A manufacturing industry association and a Midland, Texas, energy company joined the fray in a long-running dispute with proxy advisory firms by filing suit against the U.S. Securities and Exchange Commission (SEC) in a San Antonio federal district court, accusing the agency of easing hard-fought regulations approved just two years ago.
The suit raises procedural issues, claiming the agency failed to follow federal process for policy revisions.
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Market participants are left wondering why the OMX Stockholm 30 Index fell 8% in just five minutes.
What exactly is in the SEC’s proposed climate disclosure rule.
So far this year, 6 of 30 environmental proposals and 10 of 107 social proposals have passed, according to the latest ESG shareholder proposal study from Georgeson.
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