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Stocks

SEC Raises Bar for Shareholder Resolutions

WASHINGTON—The Securities and Exchange Commission raised the bar for investors to submit proposals for a vote at companies’ annual meetings, a win for executives who have bristled at shareholder efforts to influence corporate policies on social and political issues.Commissioners voted 3-2 to pass a final rule requiring shareholders to hold $25,000 of stock for a year, up from $2,000 currently, in order to submit such proposals.
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