Ironfire Capital Letter to the SEC on why Proxy Access Needs to be Passed Now
I applaud that the SEC has taken quick steps to empower shareholders in the wake of the economic meltdown over the last 18 months. One issue still to be decided on is the issue of facilitating shareholders to nominate individuals to serve on a company's board. The issue will be voted on soon -- and hopefully won't be delayed (although the Business Roundtable has recently asked for one).
I recently submitted a letter to the SEC outlining why I think it's critical that the proposed amendments be passed. Here it is:
Ironfire Proxy Access Comment
