Latest news with #publiccomment
Reuters
6 days ago
- Business
- Reuters
Wall St watchdog to consider rules on US-traded foreign firms
June 4 (Reuters) - The U.S. Securities and Exchange Commission on Wednesday is due to take the first steps toward producing new rules on which foreign firms qualify for less stringent investor disclosure requirements, according to a public notice. The public meeting, set for 1 p.m. in Washington, comes a year after a Republican Commissioner Mark Uyeda called for a public comment process on changing the definition of publicly traded foreign firms. He singled out Chinese companies as enjoying easier reporting requirements even when they are solely traded on U.S. stock markets. The commission is due to consider whether to issue a call for public comment on possible new rules, the substance of which the SEC has not yet made public. Spokespeople for the agency and for Uyeda declined to comment. In an address at Harvard last year, Uyeda said companies primarily owned and administered abroad qualified as "foreign private issuers" -- meaning they were only required to file annual reports and occasional market updates, even if they were solely traded on a U.S. stock exchange. A 2024 congressional study indicated nearly 90% of the 265 Chinese firms publicly traded in the U.S. were not listed on stock exchanges elsewhere, according to Uyeda. On the other hand, U.S. firms trading on the same stock exchanges fall under the full scope of American securities laws, including quarterly financial reporting, proxy solicitation rules and prompt disclosure of "material events" such as mergers and the departures of board members, he said at the time. "This issue deserves attention, and the SEC should consider evaluating whether foreign private issuers should be limited to companies whose securities are also listed on a foreign stock exchange," Uyeda said.
Yahoo
31-05-2025
- General
- Yahoo
Champaign School Board president responds after tense meeting outing superintendent
CHAMPAIGN, Ill. (WCIA) — A contentious Champaign School Board meeting is still making waves almost 24 hours later. The meeting saw an approval to move on from Superintendent Dr. Sheila Boozer — a fiery public comment period — and even a near fight. 'We conducted some tough business last night,' said Champaign School Board President Tony Bruno. Champaign board to continue proposed solar farm discussion later this summer Bruno was steadfast — saying they did what the voters wanted. He realizes this wasn't a decision agreed upon by 100% of people — but still thinks it's the right thing to do. 'The election was 60 days ago,' Bruno said. And it's been busy ever since for Bruno and the newly elected board members. The Champaign School Board had their third special board meeting on Thursday to decide the future of Superintendent Boozer. The board voted 5-2, approving a separation agreement with Boozer. Bruno said this decision was made by people at the polls. 'They decided who would serve in these roles,' Bruno said. 'And there were candidates who wanted to do exactly what we did last night. And there were candidates who took the opposite position, and the voters spoke, and we delivered.' It brought immediate blowback. People questioned the board's decision during the public comment portion of the meeting. Bruno said that part of the meeting was designed to let everyone speak. But he also people in the crowd continued interrupting. Champaign restaurant asks for help after cameras catch teens damaging property 'It's bad for our community to have a circus play out at a meeting of a governmental body,' Bruno said. 'Every person who wanted to speak was given an opportunity during the public comment period. But then there becomes a time when it's the board's turn to speak.' And he said that's unacceptable. Bruno also had a man walk aggressively towards him who had to be stopped by security. He said the security staff will be assessing how to balance keeping the meetings open and accessible while still being safe for board members. 'We have to leave the bad examples of the last board in the past and we have to move on, and we have to act like adults,' Bruno said. 'And you may not agree with the business that's being conducted or the votes that are being taken, but this is a democracy and we're operating as a functioning unit of government.' Bruno said he hopes the board can move forward and work together on other issues coming in the future. WCIA reached out to Justin Michael Hendrix and Grace Kang — the two board members who voted against the separation agreement. WCIA didn't hear back from Hendrix — and Kang declined to comment on Friday. WCIA also reached out to the board's former president, Gianina Baker, who was in attendance Thursday night, but didn't hear back from her. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
CBC
13-05-2025
- Politics
- CBC
Thompson city council restoring comments at meetings after public outcry
The city council in Thompson, Man., had voted in April to close the public comment period at council meetings. But following pushback from citizens, councillors reversed course, voting 4-2 on Monday in favour of a motion to bring it back.
CBC
13-05-2025
- Politics
- CBC
Thompson council backtracks on cutting public comments at meetings after pushback from residents
Dozens of people showed up Monday at Thompson city council meeting to defend what they call a vital part of democracy. They were there to support a motion aimed at saving a bylaw that allows an open public comment period before the start of meetings. Council in the northern Manitoba city had voted to remove the bylaw in April but on Monday, after pushback from the public, they reversed course. Not everyone agreed, though, in a 4-2 vote. Mayor Colleen Smook cast one of those dissenting votes and said she stands by her decision. "I may be in the minority but I definitely believe that trying new things is a good thing for council," she said, noting people were still able to address council if they emailed the city for permission no later than the prior Wednesday. Smook said the open comment period, which allowed people to speak without an appointment, was underutilized — council meetings had just two or three observers on a good night. And the open mic was often abused by those who did take advantage, she said, but didn't elaborate. Ron Matechuk, a long-time Thompson resident and former city councillor, is one of the devout observers of council meetings and has spoken up in at least 75 per cent of them, he said. "I guess they don't want to answer questions, is what it looks like to me," Matechuk said before Monday's meeting. Most people in Thompson don't seem to care about what happens at council, but there are still some that do and it's a vital part of a democracy, Matechuk said. "Openness and transparency is a very important part of [democracy]. I took a civics class back when I was a kid and they taught me a lot. It's very important, the people must be heard," he said. Coun. Sandra Oberdorfer was one of those who voted in April to remove the bylaw, but changed her mind and supported it on Monday. "Over the past three years that I've been on council, I have not seen it [the public comment period] be overly productive. We were not getting productive feedback, we weren't reaching our constituents," Oberdorfer said about why she voted against it originally. "So I just felt that it wasn't a productive way for us to communicate with our taxpayers" Oberdorfer said she was interested in looking toward more productive ways of engaging with the public, such as having them contact councillors via email or phone. "It was clear that our taxpayers, based on the audience that we had in the room, were not happy with our decision to remove the community comments and feedback," she said. "And at the end of the day, our taxpayers are the ones who voted for us to represent them." Coun. Duncan Wong was fiercely opposed to removing the bylaw in the first place and was at the forefront of the fight to bring it back. He said Monday's win might be temporary as the vote still has to go through a second and third reading at coming council meetings. And he's worried about the alternatives, which include a proposed quarterly town hall. "How could you address a winter issue in the summertime? I mean, it's a bit too late for three months to wait," he said. Matechuk said it's less about the public turnout for council sessions and more about having the opportunity to make comments.
Yahoo
10-05-2025
- General
- Yahoo
GVT invites public imput for proposed pilot route expansion
GRAND JUNCTION, Colo. (KREX) — Since Thursday, May 8, Grand Valley Transit (GVT) has invited the public to give their input regarding a proposed pilot route expansion, which will connect North Avenue directly with the West Transfer facility. The route will have direct transfers with Routes 7, 8, and 11 and will depart from the West Transfer Facility at 00:45 after the hour. More information regarding the route details can be found in an information packet on GVT's website. The public can submit their input by: Leaving comments on a comment card and returning the card to the ticket office at the Downtown or West Transfer Facilities. Sending an email to grandvalleytransit@ Sending a call to the Transit Planner at 970-683-4339. Sending written comments to PO Box 20,000-5093, Grand Junction, Colorado, 81502 Attending a hearing for public comment in person at 525 S. 6th Street on the second floor or virtually from 4:30 p.m. to 6:00 p.m. on May 12. Public comments on the proposed route will be accepted until May 19. Comments and GVT responses will be made available on an online public comment log that can be printed out upon request. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
