BOSTON, MA – At the Securities & Exchange Commission (SEC) roundtable meetings in May and the SEC oversight hearing held by the House Financial Services Committee in June, concern was raised that the SEC might take the opportunity to reduce or amend shareholder’s access to the proxy including the shareholder resolution filing process in the next round of rule-making. Boston Common wrote to Chairman Cox to publicly express our concern about the potential direction the SEC is heading to restrict the rights of shareowners to file advisory shareholder resolutions.
