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Article: Academic community supports proxy system reform in letter to SEC, USA reports. (Securities and Exchange Commission, United Shareholders Association)
- Article from:
- PR Newswire
- Article date:
- September 28, 1990
CopyrightCOPYRIGHT 1990 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ACADEMIC COMMUNITY SUPPORTS PROXY SYSTEM REFORM IN LETTER TO SEC,
USA REPORTS
WASHINGTON, Sept. 28 /PRNewswire/ -- The United Shareholders Association issued the following:
Two hundred-twenty scholars have signed a joint letter to Securities and Exchange Commission Chairman Richard Breeden calling on the commission to initiate comprehensive reform of the corporate proxy voting system.
The scholars, professors from 156 colleges and universities in 37 states, are experts in the fields of finance, law and corporate governance. The letter was circulated by Wayne Marr, first union professor of banking at ...