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As SEC Considers How to Boost Shareholder Involvement, It Should Ensure Directors Are Not Captured by Management


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As SEC Considers How to Boost Shareholder Involvement, It Should Ensure Directors Are Not Captured by Management

WASHINGTON - Note: The Securities and Exchange Commission today hosts a roundtable to explore ways to improve the proxy voting process.

As the Securities and Exchange Commission (SEC) entertains methods for improving shareholder involvement in director nominations for corporate boards, it should work to ensure that directors who legally serve as the agents of shareholders are not captured by management, Public Citizen said today.

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