House Financial Services Republicans commend SEC for rescinding proxy rule
Republicans that serve on the House Financial Services Committee commended the Securities and Exchange Commission (SEC) for its recent decision to rescind Staff Legal Bulletin (SLB) No. 14L. Staff Legal Bulletin (SLB) No. 14L was put in place back in 2021 to provide guidance on shareholder proposals. Along with looking at the impact on business operations, the bulletin also encouraged proposals to include the broader social impact. “The SEC’s core mission is to protect investors, main...
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