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Statement by CII Executive Director Glenn Davis on the SEC's Proposed Rescission of Rule 14a-8
Source: PR Newswire
Regulation & LegislationManagement & GovernanceInvestor Sentiment & Positioning
The SEC proposed rescinding a World War II-era rule that protects shareholders’ ability to submit proposals aimed at improving corporate practices. The proposal could weaken shareholder rights and reduce investors’ influence over governance, creating a negative read-through for shareholder advocacy and corporate-accountability strategies.
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