Stakeholders vs. Shareholders

Progressives are trying to hijack corporate proxy voting to impose their political agenda on business decisions. Credit the Securities and Exchange Commission (SEC) for looking out for the 99.99% of shareholders.

The SEC on Wednesday updated its decades-old proxy access rules that regulate who can submit shareholder proposals. Under the current rules, any shareholder who owns more than $2,000 in a public company for at least a year can put forward a resolution for other investors to vote on at an annual shareholder meeting.

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