Corporate CEOs are trying to roll back the rights of Main Street investors to hold corporations accountable. To support these changes, U.S. Securities and Exchange Commission (SEC) Chair Jay Clayton cited phony letters written by corporate lobbyists—that were supposedly from working people.
Corporate CEOs want the SEC to make it harder to submit shareholder proposals at company annual meetings. These shareholder proposals encourage companies to act more responsibly on important social policy issues such as reforming executive pay, respecting human rights, and protecting the environment.
Working people are invested in companies through our retirement savings. We depend on shareholder proposals as part of a democratic process that holds corporate CEOs accountable.
Make your voice heard—tell the SEC that real Main Street investors oppose making it harder for all Main Street investors to file shareholder proposals.