SEC Alert! Commissioner Hester M. Peirce is against today's proposed rules that govern when public companies must include shareholder proposals in their proxy statements. Is anyone surprised by her position?
Source: https://www.sec.gov/news/statement/peirce-statement-proxy-voting-advice-071322
I appreciate the staffโs diligence, graciousness, professionalism, and hard work throughout this rulemaking process. Staffโs valuable time, however, could have been put to better use. For example, staff could have worked immediately on addressing outstanding issues around proxy plumbing and,