SEC’s proposed new rules could stymie shareholder engagement

The power of the shareholder to hold accountable the companies in which they invest is under threat in the US.

On Tuesday, the SEC’s commissioners voted three-to-two in favour of a 179-page book of proposals to revise its rules around shareholder resolutions.

The SEC maintains that the new proposals will make the shareholder resolution process more efficient. Read Full Article - Euromoney, November 7, 2019