The U.S. Securities and Exchange Commission has proposed a new rule that could undermine key reforms the NAM secured in 2020—and empower activist shareholders. The background: Shareholders in public companies generally have the right to submit proposals to corporate proxy ballots. These proposals, which voice shareholders’ views on business and governance topics relevant to the company…
Original source: https://www.nam.org/sec-proposes-new-shareholder-rule-18283/