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We're so close, Friend! Our petition to hold CEOs and corporations accountable is very near reaching 100,000 signatures.
Right now the SEC is debating a change to the rules surrounding shareholder proposals. Their new rules will silence shareholders' ability to hold CEOs accountable and protect already-powerful corporations from facing the consequences of their actions.
Your signature on this petition could bring us over the edge and pressure the SEC to stop giving CEOs and corporations a free pass. The SEC deadline for comments in January 3, so time is running out: Will you join us and become the 100,000th person to sign our petition?
Add your name and tell the SEC: Stop the anti-shareholder proposal rule!
---------- Forwarded message ----------
From: "Stop Greedy CEOs" <[email protected]>
Date: Mon, Dec 6, 2019 at 10:35 AM
Subject: Sign the petition: Don’t make it harder to hold CEOs accountable!
Hi,
Wall Street and wealthy CEOs want to silence corporate accountability efforts -- and Donald Trump's SEC is about to help make it happen.
The SEC is proposing a dangerous rule change that would silence shareholders and help inoculate powerful Wall Street companies and wealthy CEOs to pressure from their own investors.
Shareholder resolutions have been used for decades to ensure better corporate governance — and to advance important causes like gay rights, gender and racial equity, and environmentalism. Now the SEC is proposing to make these virtually impossible. And time is running out to stop them.
Add your name and tell the SEC: Stop the anti-shareholder proposal rule!
Shareholder resolutions are a key method to hold CEOs and their companies accountable. For example, employees recently used their company-issue stock to pressure Amazon to reduce itscontribution to climate change.
A recent, much-lauded statement issued by major CEOs through the Business Roundtable implies support for that important work.1 But now CEOs are pushing the SEC to insulate them from accountability.
The SEC’s proposed rule would make it harder to file shareholder petitions by increasing the ownership stake needed in order to do so. It would also increase the percentage of support a petition would need to garner from shareholders in order to stay alive.
Time is running out, unfortunately -- the deadline to respond to the SEC is January 3, and that's coming up fast. Can you help fight back against CEOs and Wall Street?
Sign the petition: Tell the SEC to stop the anti-shareholder proposal rule!
Thanks for taking action,
Tihi and the team at Demand Progress
Source:
1. Business Roundtable, "Business Roundtable Redefines the Purpose of a Corporation to Promote 'An Economy That Serves All Americans'," August 19, 2019.
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