WASHINGTON, Sept. 16, 2026 /PRNewswire/ -- Let this moment settle in: The SEC, created for the purpose of protecting investors in the aftermath of the Crash of 1929, today proposed to rescind a World War II-era rule protecting shareholders' ability to suggest ideas to improve the companies they own.

Yes, shareholder proposals can be a source of embarrassment when they reveal a disconnect between shareholders' and managers' understandings of what matters to long-term performance; and sometimes trigger compromise before a vote takes place. That is a feature of strong capital markets, not a basis for a government agency to swat a fly with a sledgehammer.

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