SEC’s shareholder advice proposal draws ire from Republican hedge fund donors

NEW YORK (Reuters) – The U.S. securities regulator is on a collision course with powerful hedge funds executives, including former White House advisor Carl Icahn and Republican mega-donor Paul Singer, over a proposal they say could reduce shareholder voting rights. FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns Continue Reading

U.S. banking regulators unveil proposal to update low-income lending standards

WASHINGTON (Reuters) – Two U.S. banking regulators unveiled a proposed overhaul to community lending standards on Thursday, kicking off a contentious policy fight over the proper way to ensure banks are supporting lower-income borrowers where they do business. The proposal would offer banks more specific examples of what sort of Continue Reading

Apple holders vote down proposal to disclose ideology of director nominees

FILE PHOTO: An Apple logo is seen in a store in Los Angeles, California, U.S., March 24, 2017. REUTERS/Lucy Nicholson (Reuters) – Apple Inc shareholders on Friday defeated a shareholder proposal from a conservative group that would have required the company to disclose the “ideological perspective” of nominees for its Continue Reading