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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSEC Stifles Shareholder Voice. The SEC today voted along partisan lines to insulate management from
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Andy Green
@AndyGreenSF
·
Sep 23, 2020
BREAKING: SEC Stifles Shareholder Voice
The SEC today voted along partisan lines to insulate management from accountability to investors, workers, communities & others.
Raising ownership requirements to offer sh/h proposals from $2k to $25k means only rich & powerful get a say.
Allison Herren Lee
@SECHerrenLee
Putting a thumb on the scale for management: my statement on the amendments to Rule 14a-8: https://sec.gov/news/public-statement/lee-14a8-2020-09-23 .
Andy Green
@AndyGreenSF
Sadly, corporate America doesn't believe that its vision for a new broader corporate purpose ought to be accountable to anyone.
Powerful dissent by new SEC Commr. Caroline Crenshaw here.
https://sec.gov/news/public-statement/crenshaw-14a8-2020-09-23-0
Strong statement by @SECHerrenLee quoted above.
1:18 PM · Sep 23, 2020
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SEC Stifles Shareholder Voice. The SEC today voted along partisan lines to insulate management from (Original Post)
soothsayer
Sep 2020
OP
Dyedinthewoolliberal
(15,571 posts)1. another move towards Facism
which is a marriage of government and business... .
LastDemocratInSC
(3,647 posts)2. Mussolini suggested a different word
For what we call Fascism: Corporatism.
moondust
(19,979 posts)3. And meat packing executives can decide
for themselves if they want to endanger their employees or follow government guidelines on COVID--as Rachel reported last night.
Fascist corporatocracy don't need no damn big gubment tellin' 'em wut to do!