Opt-in proxy system would automate retail investor votes to support board positions

Paul Atkins signals softer approach to Wall Street regulation than under his predecessor

Opt-in proxy system would automate retail investor votes to support board positions

The opt-in system will make it easy for retail investors to vote in line with the recommendations of Exxon's board at the oil giant’s annual meetings.

President’s call to scrap quarterly reports comes as SEC considers curbing shareholder lawsuits