Jan. 8, 2020
Rule Comments, 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. Real Main Street investors like me (a retired community college professor) oppose making it harder for all Main Street investors to file shareholder proposals. I participate in the state teacher retirement pension plan and I own and IRA and a mutual fund. And I care about corporate responsibility—labor standards, executive compensation, human rights and the environment. I do not want rules tilted in favor of corporate CEOs. Art Hanson [redacted]