SEC Commissioner Wants To Limit Shareholder Activist ProposalsMark Melin
If a Republican Securities and Exchange commissioner has his way, it will become more difficult for activist investors with a political agenda to get their proposals put to a shareholder vote.
"Activist investors and corporate gadflies have used these loose rules to hijack the shareholder proposal system," SEC Republican Commissioner Daniel Gallagher was exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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