I think there is a great risk when the SEC relaxes all of its filters and permits any proposal to be submitted, especially the social proposals where the judgment of the SEC staff alone will determine whether a proposal needs to be submitted or not and is without any nexus to the corporation or its shareholders.
McHenry expresses concern over SEC's relaxed proposal submission process.
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Jay Clayton is a fantastic leader and will bring credibility to the DNI job!
Is this a place where you would want to work? Based on your spending weeks on this project, would you want to work in this environment?
We need to get to the bottom of whether or not this is a supervisory problem, a regulatory problem, a bank mismanagement problem, perhaps all three.
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