Corporate America is quietly working to suppress the voices of small investors

[ETJ]

https://www.cnn.com/2019/11/08/inve...il&utm_term=0_c58d95e6d3-f22e7da7e9-100090701

 

[gaussian]

The regulator proposed that shareholders be required to hold at least $25,000 in a company's stock if they want to file a resolution after just one year of ownership.
Smaller shareholders with just $2,000 in stock would have to own it for at least three years before they become eligible to file a resolution.
That higher threshold could shut small investors out. SEC Commissioner Allison Herren Lee, who dissented against that change, noted the $25,000 threshold is prohibitive for most retail investors, who have a median stock portfolio of $27,700.

This seems like a more sensible rule. With $2000 some nutjob can go into a meeting and disrupt the whole thing because its the rules. If someone wants to have a say in a company, they should some buy-in that is more than 1/1,000,000th of the market cap. Imagine your neighbor who watered your lawn once coming to your house during Thanksgiving Dinner to protest eating turkey.

CNN once again stumbles, not realizing most "small investors" are invested in index funds. This is just crybullying from small fries.

 

[GRULSTMRNN]

Should 400 million serve the top 1000 or should a country and society be organized to benefit the largest possible majority? I guess you need to answer this fundamental question first. Should a civil servant SERVE or take advantage of his position of privilege? It's a very basic yet important question a society has to settle before anything else. Does a society want to worship democracy or feudalism?

This seems like a more sensible rule. With $2000 some nutjob can go into a meeting and disrupt the whole thing because its the rules. If someone wants to have a say in a company, they should some buy-in that is more than 1/1,000,000th of the market cap. Imagine your neighbor who watered your lawn once coming to your house during Thanksgiving Dinner to protest eating turkey.

CNN once again stumbles, not realizing most "small investors" are invested in index funds. This is just crybullying from small fries.

 

[zdreg]

This seems like a more sensible rule. With $2000 some nutjob can go into a meeting and disrupt the whole thing because its the rules. If someone wants to have a say in a company, they should some buy-in that is more than 1/1,000,000th of the market cap. Imagine your neighbor who watered your lawn once coming to your house during Thanksgiving Dinner to protest eating turkey.

CNN once again stumbles, not realizing most "small investors" are invested in index funds. This is just crybullying from small fries.

Disruption is the price we pay for progress.

 

[Sig]

This seems like a more sensible rule. With $2000 some nutjob can go into a meeting and disrupt the whole thing because its the rules. If someone wants to have a say in a company, they should some buy-in that is more than 1/1,000,000th of the market cap. Imagine your neighbor who watered your lawn once coming to your house during Thanksgiving Dinner to protest eating turkey.

CNN once again stumbles, not realizing most "small investors" are invested in index funds. This is just crybullying from small fries.

A company has the choice to remain private with only accredited investors or access the significantly larger public markets. It's completely disingenuous to demand access to those public markets and restrict the right of your small shareholders simply because they're small. If you want the money that public markets bring you have to allow the public who provides that money a say....that's completely reasonable. You can't hack that, then don't take their money and stay (or return) private.

 

[athlonmank8]

Why does CNN always have some of the most uneducated reporting? Where do they get their "writers"

 

[Cuddles]

This seems like a more sensible rule. With $2000 some nutjob can go into a meeting and disrupt the whole thing because its the rules. If someone wants to have a say in a company, they should some buy-in that is more than 1/1,000,000th of the market cap. Imagine your neighbor who watered your lawn once coming to your house during Thanksgiving Dinner to protest eating turkey.

CNN once again stumbles, not realizing most "small investors" are invested in index funds. This is just crybullying from small fries.

You bring up a good point, but what happens when a company decides to make drastic shareholder compensation changes or liability payouts? What if in that case, the sum of small investors who may make up a significant voting Bloc get no say?