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Carl Icahn Urges U.S. SEC to 'rethink' Proposed Rule Change for Proxy Advisers

Stock Market Quotes and News

Billionaire activist investor Carl Icahn on Monday urged the U.S. Securities Exchange Commission (SEC) to rethink a proposed rule change for proxy adviser firms, saying it would make activist investing "even more difficult and expensive to practice." The SEC earlier this month put forward new rules that would require proxy adviser firms to give companies a chance to review proxy materials before they are sent to shareholders...

Mentions: Proxy Advisory Activist Investors economy