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Fewer Shareholder Proposals in Company Reports

New rules limit the Securities and Exchange Commission's (SEC) ability to compel companies to include shareholder proposals in their documents. This means citizens who are shareholders might have less direct influence on company decisions through proposals, potentially changing how companies interact with their owners.
Key points
The SEC can no longer force companies to include shareholder proposals in their investor reports.
State laws regarding shareholder proposals remain unaffected, meaning some rules might still apply at the state level.
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Additional Information
Print number: 118_HR_4655
Sponsor: Rep. Norman, Ralph [R-SC-5]
Process start date: 2023-07-14