Search Results: keywords:"material impact"

  • H. R. 52 — To require the Securities and Exchange Commission to amend a rule of the Commission relating to shareholder proposals, and for other purposes.
    Status:Introduced in House
    Words:937

    The bill, H. R. 52, titled the “Stop Woke Investing Act,” requires the Securities and Exchange Commission (SEC) to change a rule regarding shareholder proposals. It mandates that companies only need to include a limited number of proposals from shareholders in their proxy...

    Simple Explanation

    The new bill wants to make sure that big companies mostly focus on making money, not on other things like being nice to the environment or helping the community. It says only a few ideas from people who own company shares can be talked about, and these ideas have to be about making the company more money.

  • H. R. 10020 — To require the Securities and Exchange Commission to amend a rule of the Commission relating to shareholder proposals, and for other purposes.
    Status:Introduced in House
    Words:939

    H.R. 10020, known as the “Stop Woke Investing Act,” aims to change the way shareholder proposals are handled by public companies. It requires the Securities and Exchange Commission to amend its rules so that companies can limit the number of shareholder proposals based on their size—2 for...

    Simple Explanation

    H.R. 10020, or the “Stop Woke Investing Act,” is a plan to change how companies let people suggest new ideas, making sure only the ideas that really affect a company's money get picked, and fewer ideas can be suggested by smaller companies.