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E-M:/ New SEC rules?

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
    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.

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