Senate Banking Committee Hearing on Corporate Governance - July 29, 2009

On July 29, 2009, the Senate Banking Committee held a hearing entitled "Protecting Shareholders and Enhancing Public Confidence by Improving Corporate Governance."

Several of the witnesses discussed problems with broker discretionary voting and proxy advisory firms, among other shareholder voting and communications concerns.

The witness list for the hearing and statements by the witnesses can be accessed here: http://www.banking.senate.gov/public/index.cfm?FuseAction=Hearings.Hearing&Hearing_ID=c754606c-0b95-4139-a38a-63e63b4b3fa9