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SEC Shareholder Proposal Muffles Main Street Voices

news.bloomberglaw.com

Investors who want better social, environmental, and governance practices in companies and believe in a strong investor voice should be concerned about the SEC’s proposed rule to amend the process for shareholder proposals to be included in a company’s proxy statement, writes Lisa Woll, CEO of US SIF. She says the rule will silence the small investor voice and is contrary to the SEC’s purpose of protecting investors...

Mentions: Investment Shareholder Proposal Main Street