SEC allows Exxon plan to limit shareholder activism
Opt-in proxy system would automate retail investor votes to support board positions
Opt-in proxy system would automate retail investor votes to support board positions
Securities and Exchange Commission could reshape corporate governance by making it harder for investors to seek changes
Trump administration has made it easier for boards to exclude resolutions on climate and social issues
Institutional Shareholder Services also counsels investors to oppose re-election of board member Ira Ehrenpreis
Pressure seeks to censor independent analysis and neuter shareholder oversight
Bloc has previously resisted multi-decade commitments to protect its climate ambitions
President’s call to scrap quarterly reports comes as SEC considers curbing shareholder lawsuits
