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Cuts Would Come As Agencies Tackle Implementation of Most Sweeping U.S. Financial Reforms Since the Great Depression

WASHINGTON, D.C.///February 16, 2011/// Warning of the danger of a major setback in efforts to restore U.S. financial market integrity and the confidence of individual and other investors, ShareOwners.org (http://www.ShareOwners.org) in cooperation with the Consumer Federation of America (CFA) and the…

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Penny-Wise and Pound Foolish? Cuts Would Come As Agencies Tackle Implementation of Most Sweeping U.S. Financial Reforms Since the Great Depression

WASHINGTON, D.C.///NEWS ADVISORY/// A major Web-based campaign to save the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) from the impact of proposed budget cuts will be launched at 1 p.m. Wednesday (February 16, 2011) by ShareOwners.org (…

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The Wall Street Journal is reporting this morning that the two SEC Commissioners who opposed the proxy access rule in yesterday’s meeting focused their comments on laying the groundwork for a legal challenge to the rule, calling the rule "fundamentally and fatally flawed." Commissioner Casey, for example, argued that the SEC fell short in its due diligence to show the benefits of proxy…

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WASHINGTON, D.C.///August 25, 2010///ShareOwners.org (http://www.ShareOwners.org) issued the following statement today:



“ShareOwners.org commends the Securities and Exchange Commission for its historic action today to give long-term, significant shareowners the opportunity to nominate candidates for corporate boards.



Proxy access establishes a fundamental shareowner right to hold corporate boards and management accountable. Had this… Continue

The Washington Post is reporting this morning that Rep. Barney Frank, chairman of the House Finanical Services Committee, said Tuesday that he will hold a hearing this fall (September or October) to examine whtether regulators are being tough enough to curbing pay prractices at Wall Street firms that can lead to excessively risky practices.

The overhaul of financial regulation enacted this summer gives federal banking regulators new powers to diectate how Wall Street firms…

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