REPORT: SHAREOWNERS AT 4 OUT OF 10 U.S. COS WOULD BE DISENFRANCHISED UNDER ALTERNATIVE TO SEC PROXY ACCESS RULE

New from ShareOwners.org and the Council on Institutional Investors ...

"The case for a uniform federal proxy access rule for the election of corporate directors is stronger today as the result of a major new study finding that the alternative permitting company-by-company decisions on such access would effectively lock out shareholders at about 40 percent of top U.S. companies.

Titled "The Limits of Private Ordering: Restrictions on Shareholders’ Abil... the new study from The Corporate Library for ShareOwners.org and the Council of Institutional Investors (CII) looks at how so-called "private ordering" -- with opt-in/opt-out votes on proxy access at individual companies – would play out under real-world circumstances."

Read more here.