Shareholder rights are once again under legislative threat. Introduced May 10, HR 5756 would require the SEC to adjust resubmission thresholds for shareholder proposals. The language mirrors that of the Financial CHOICE Act in calling [...]
Regulation of proxy advisors is back on the U.S. legislative agenda. If enacted, the proposed rules could create delays to the delivery and threats to the independence of proxy research, with investors footing the bill. [...]
As investors wait for the U.S. Senate to consider the Financial CHOICE Act, one of its most damaging corporate governance provisions has found its way to a house spending bill. The 2018 Financial Services and [...]