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E-M:/ New SEC rules?
- Subject: E-M:/ New SEC rules?
- From: michdave@aol.com
- Date: Fri, 21 Dec 2007 11:04:21 -0500
- Delivered-to: enviro-mich-archive@glc.org
- Delivered-to: enviro-mich@great-lakes.net
- List-name: Enviro-Mich
- Reply-to: michdave@aol.com
The SEC under Chairman Chris Cox proposing to limit public interest resolutions going to the shareholders............
No New Year Resolutions?
By Kari Lydersen
In These Times
http://www.inthesetimes.com/article/3448/no_new_year_resolutions/
Monday 17 December 2007
- SEC proposes curbing shareholder power.
The U.S. Securities & Exchange Commission (SEC) has proposed changes that could prevent many shareholders from raising issues of social and environmental corporate responsibility.
Over the past few decades, shareholder resolutions have played a significant role in persuading major companies to improve their labor, environmental and corporate governance practices.