As i documented in the chapter on shareholder activism in my book Corporate Governance after the Financial Crisis, SEC Commissioner Troy paredes has become a leading voice of reason and caution in the ongoing battles over shareholder activism. BNA reports (sub reqd) that:
Securities and Exchange Commissioner Troy Paredes told a gathering of institutional investors April 2 that until the commission has reviewed the experience of proxy access through private ordering, he would be “hesitant” for the agency to tackle another federal access regulation.
Exactly right.






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