Don’t Let the SEC Silence Shareholders!

The Trump administration is moving to strip investors of a fundamental right: the ability to raise concerns and demand accountability from the companies they own.

For more than 80 years, shareholders have used this right to protect their investments, expose risks, and hold corporate executives accountable by filing shareholder proposals protected by federal law at the companies they own. Now, the Securities and Exchange Commission (SEC) is proposing to eliminate the federal rule that protects it.

This would give corporate executives more power and shareholders less say.

The SEC is accepting public comments through November 20. Tell the SEC to reject this proposal and protect shareholders' rights.

Here’s How to Tell the SEC: Don't Take Away Our Shareholder Rights.

It takes just a few minutes to make your voice heard.

The SEC is accepting public comments through November 20. You don't need to be a financial expert to speak up.

We've prepared a short suggested comment to get you started.

Here's how:

1. Copy the suggested comment below.

2. Add a sentence or two explaining why shareholder rights matter to you - as someone with a pension or mutual fund or 401(k), or as someone affected by CEO abuses.

3. Submit your comment through the SEC's official website.

Suggested Public Comment

Subject: Oppose the Elimination of Shareholder Rights (S7-2026-32)

Dear Securities and Exchange Commission:

I oppose the SEC's proposal to eliminate Rule 14a-8. Shareholders are owners, and owners deserve a voice in the companies they invest in.

[ADD YOUR OWN REASONS HERE]

I urge the SEC to reject this proposal and preserve shareholders rights.

Not sure what else to write?

Consider one of these questions:

• Protecting your investments: What risks or corporate decisions do you want shareholders to be able to question?

• Holding executives accountable: Why should company executives have to listen to the people who own shares?

• Giving small investors a voice: Why is it important that individual investors, not just large institutions, can raise concerns?

• Your own perspective: What concerns you most about taking away this shareholder right?

You don't need to be a financial expert. A sentence or two in your own words is enough to make your perspective heard.

GO TO SEC COMMENT FORM

Deadline: November 20, 2026. Public comments submitted to the SEC are part of the public record.

Why It Matters

Shareholders are owners. They deserve a voice.

If you own shares in a company, you should have a say in how it's run. Shareholder proposals give investors a way to raise concerns, question corporate decisions, and hold executives accountable.

Corporate executives shouldn't get to write their own rules.

Eliminating federal protections would give companies far more power to decide whether shareholders can bring proposals forward. That's a recipe for less accountability and more unchecked corporate power.

Silencing shareholders puts investments at risk.

Shareholder proposals have helped expose financial risks, strengthen corporate governance, and protect long-term value. Taking away this tool would leave investors with fewer ways to spot problems before they become costly.

Help Protect Shareholder Rights.

The SEC is considering eliminating a fundamental shareholder right. Share this action with friends, family, and fellow investors before November 20.