And the SEC under the previous leadership, essentially encouraged activists to force companies to consider and adopt policy changes that Joe Biden and the Democrats could not get through through Congress. Thankfully, SEC Chair Paul Atkins has already rescinded some of these decisions that permitted the worst abuses of the shareholder proposal process. I'm going to move on to Mrs. Keel. In June, the D.C. district Court upheld the SEC's 2020amendments to Rule 14A8, which set eligibility requirements for submitting shareholder proposals. (03:14–03:22)
CLAIM
Asserts that SEC Chair Paul Atkins rescinded decisions allowing abuses in the shareholder proposal process.
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