CII has filed a “friend of the court” brief in the challenge filed by Jim McRitchie and As You Sow to the SEC rule restricting shareholder proposals that was published in a flawed, rushed rulemaking in the last weeks of the Trump administration. Some highlights from the brief: In its haste to adopt these rule…
Tag: James McRitchie
Investors sue U.S. regulator over Trump-era AGM resolution rules | Reuters
We are delighted to hear that Jim McRitchie, ICCR, and As You Sow are challenging the new SEC rule on shareholder proposals with a lawsuit. A group of investors sued Wall Street’s regulator on Tuesday over rule changes that raise the bar for filing resolutions at annual shareholder meetings to call for new priorities or…
Guest Post from Jim McRitchie: The Giant Shadow of Corporate Gadflies
We are very grateful to Jim McRitchie for allowing us to share his excellent blog post responding to an academic paper on individuals like Jim who file shareholder proposals. We hope the authors will talk to Jim and some of the other “gadflies” before they do their next update. The Giant Shadow of Corporate Gadflies…
CalPERS Votes Against Pay at 1,195 Firms – Corporate Governance
Jim McRitchie reports on CalPERS votes against pay plans: Equilar announced, in partnership with CalPERS, the release of the CalPERS P4P Scorecard in Equilar Insight, the leading executive compensation benchmarking software solution. The release of the new scorecard is an extension of the five-year realizable pay calculation CalPERS and Equilar released earlier this year. Said…
Jim McRitchie’s Draft Petition to the SEC on Disclosure of Proxy Votes
Jim McRitchie (jm@corpgov.net) is seeing comments on his draft rulemaking petition for real-time disclosure of proxy votes. Corporations have facilitated the most dynamic economic growth in history. Addressing adverse externalities, like dark money and climate change, has been hampered by dispersed ownership. Mechanisms are needed to define common values and increase individual empowerment within corporate dominated…
James McRitchie: Proxy Roundtable Comment Letter
Corpgov.net‘s James McRitchie, one of the most knowledgeable and effective individual investors, has submitted an exceptionally thoughtful and well-informed comment to the SEC. Many thanks for his gracious permission to publish it in full. Final comment letter to the SEC on Shareholder Proposals, re File Number 4-725, including 11 recommendations highlighted on bold. Mr. Brent…
ValueEdge Advisors 