Business Roundtable Statement in Support of Duffy-Carney Proxy Advisory Firm Reform Bill - May 17, 2016

On May 17, 2016, Business Roundtable released a statement by John Hayes, Chairman of the Roundtable's Corporate Governance Committee, in favor of proposed legislation drafted by Representatives Sean Duffy (R-WI) and John Carney (D-DE), to provide a regulatory framework for the Securities and Exchange Commission to oversee the business practices of proxy advisory firms.  This Statement was submitted in connection with a hearing held the same day on this legislation before the House Financial Services Subcommittee on Capital Markets.

Click here to review this Statement: