The United States Senate Committee on Banking, Housing and Urban Affairs has published a discussion draft titled Restoring American Financial Stability. The Committee advocates, inter alia, the creation of a single, federal bank regulator and providing shareholders with a non-binding vote over executive pay. Some of what the Committee proposes is already being pursued by the SEC, including making it easier for shareholders to nominate directors. A summary of the discussion draft is available here (pdf) and the Committee's press release is available here.USA: Restoring American Financial Stability - discussion draft published by Senate Banking Committee
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The United States Senate Committee on Banking, Housing and Urban Affairs has published a discussion draft titled Restoring American Financial Stability. The Committee advocates, inter alia, the creation of a single, federal bank regulator and providing shareholders with a non-binding vote over executive pay. Some of what the Committee proposes is already being pursued by the SEC, including making it easier for shareholders to nominate directors. A summary of the discussion draft is available here (pdf) and the Committee's press release is available here.Spread The Love, Share Our Article
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