As Pro Gov never tires to say - the largest 20-30 Investment Fiduciaries have it in their hand to control, change and supervise Corporate Governance in all Listed Companies. Their stakes allow them to assert de-facto control of all shareholder votes. Even the ever-growing 'Private' Equity industry is only private in name only as nearly all their money is provided by ordinary savers.
Mutual Fund Companies Have Significant Power to Increase Corporate Transparency
The comments are rolling in on the SEC’s semiannual reporting proposal – so
far, many of the submissions are from individual investors who oppose (or
stron...
7 hours ago
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