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Companies Call for Oversight of Firms That Advise Shareholders

  • 📰 WSJ
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  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

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Corporations say advisory firms—which recommend how shareholders should vote on corporate-governance issues—have too much sway. They want regulators to intervene.

WASHINGTON—Companies want the firms that advise shareholders on proxy proposals to face government oversight of their activities, a wish securities regulators are expected to act on as early as this spring.

The Securities and Exchange Commission is expected to propose the first U.S. rules on proxy-advice companies following an organized campaign by public companies that think proxy-advisory firms have too much sway over shareholder proposals.

 

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Corporations have too much 'sway' over our govt. Can we, the People, get regulators to intervene?

WSJ/FOX'Noise'/Murdock----HOW ABOUT 'SO CALLED' news networks that are mouth pieces for the 'ReTHUGlicans'/GOP!? SHOULD they also have 'regulators to intervene'!?

Dear, If Someone is saying 'He can CHANGE the World in RIGHT direction'. How would you react? 1- One Mad, Deranged or Mental health patient is sending Junk tweets? 2- Let him try something New? Why you shouldn't believe him? May be Its happening first time in this World?

Dear Brother/Sister, My Question - WHEN ? ....... Production of MOVIE...... to motivate our young generation to get freedom from all bad habits (Smoking,Alcoholism,Drug,PORN,Premarital Sex & Extramarital Affairs). .........to share the ideas for creating a peaceful world.

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