FFC Comments On Proposed SEC Rules That Weaken Corporate Accountability

Friends Fiduciary recently submitted formal comments for the SEC’s proposed rule changes to the shareholder proposal process. As one of the most active faith-based groups in shareholder engagement, FFC has relied on the proposal process to engage companies on issues that may adversely impact shareholder value. We believe the new rules – pushed by corporate interest groups like the US Chamber of Commerce and the Business Roundtable – are unnecessary and undermine corporate accountability. Read the comment letter here.