Retail voting programs let shareholders choose only one standing instruction: vote with the board. Click below to hear our song about Tesla’s One Click One Way SEC-Approved Voting. One-Way Voting: a “convenience” that points in only one direction SEC staff issued a no-action letter clearing Tesla’s “Issuer Voluntary Retail Voting Program.” Retail holders who opt […]
Shareholder proposal thresholds limited to the ultra-rich would erode retail investors’ rights, undermine trust in capital markets, and further concentrate corporate voice among passive institutions and the ultra-wealthy. At an SEC-IAC meeting on December 4, 2025, I (James McRitchie) will urge the Investor Advisory Committee to recommend that the Commission not raise Rule 14a-8 thresholds. […]
Center for Retail Investors & Corporate Inclusion (the RICI Center) is the first academic Center focused on retail shareholders. Professors Sergio Alberto Gramitto Ricci (UMKC Law & Brooklyn Law) and Christina Sautter (SMU Law & a Visiting Fellow at the London School of Economics & Political Science (LSE) Law School) launched the nonprofit Center for […]
SOC Takes on SBUX: Finally, The First ESG Proxy Contest Under UPC For over a year, we and others speculated that ESG proponents would pounce on universal proxy cards (UPC) as a way to escalate efforts to exert influence over companies. Since UPC became mandatory in September 2022, we have seen exactly zero proxy contests […]
Proxy Season 2021 Investor Sentiment Study: Background Proxy Season 2021 Investor Sentiment Study finds the rise and influence of individual investors presents unique opportunities to engage new investors like never before. A new survey from Broadridge Financial Solutions (NYSE: BR) highlights how new and younger retail investors are thinking about investing and this year’s proxy […]
What better way to bring in the new year than to get advice from Nell Minow, the Queen of Good Corporate Governance, especially with the Trump Administration about to begin? In the talk below, Minow addresses an audience sponsored by the Center for Study of Responsive Law, which held its second four-day conference on securing […]
TheShareholderActivist.com™ is a new source for information and advice to facilitate responsible shareholder activism. The site includes tools, tactics, and techniques to help retail investors fully exercise their rights in publicly traded (more…)