Former Executive Director of Anheuser-Busch Anson Freicks explained how companies focus on politics and social problems that dealt with on their lower line because President Trump assures Americans about market uncertainty.
EXCLUSIVE: Two dozen Financial officers Today he sent a letter to the US Securities and Stock Exchange Commission (SEC), asset administrators, proxy advisors and public companies, which was alarm risk alarm priority of political agendaLike dei, over financial revenues.
In a letter of 24 state financial officials outline the risk of dei Destroying the value of shareholders and warning against potential consumer resistance and boycott, reducing productivity and increased cost of litigation when the political agenda attacks financial institutions.
“Asset managers and proxy advisors should not prefer the political agenda on financial revenues by supporting proposals for shareholders of Pro-Dei and/or voting against directors who do not support such proposals,” he said.
Officers emphasize the steps that SEC will take under the President Donald TrumpAdministration to avoid activists from promoting a political agenda in corporate meeting rooms. The letter advises companies on how to enforce SEC letters without action and by issuing a court decision to block the proposals of activists.
Twenty -four state financial officials sent a letter to the US Securities and Stock Exchange Commission, asset administrators, proxy to advisors and public companies, which was the alarm of financial payments to financial payments. (Itock)
“Recent SEC instructions managing asset managers who push Dei and other ESG policies to companies to give a stricter 13D plan is a positive first step, but recovering must follow. Influencing the Principles of the Business Dei is not in accordance with the task of a passive investor.
Plan 13D is a requirement for SEC when someone gains a significant share in public society. In a letter, officers argue that for asset managers who influence the business policies, the plans of 13D should be required.
“As state financial officials, we have the obligation to protect the funds of taxpayers and pension savings of civil servants. Asset managers and proxy advisors should oppose proposals to maintain or renew illegal practices dei, which erode the value of shareholders.”
Financial officials demand asset managers and advisors who manage money for investors and help them decide how to vote at shareholders' meetings are against “illegal procedures Dei” and prefer the value of shareholders and financial revenues.
“Asset managers and proclaims, who continue to favor political agendas such as Dei, neglect their trust responsibility over financial performance. As a state financial officials, we have the obligation to negotiate in the best financial interests in pension and pensioner. 24 state financial officers.
President Donald Trump, who shows here on February 7, has introduced extensive policy since entering the office to eradicate Dei through the federal government. (AP / Alex Brandon / Associated Press)
“President Trump explained that the integration of DEI into corporate policies should be stopped, but activist investors, asset managers and proxy advisors continue to favor the political agenda over financial revenues. Ojažded is, ”she, who is about her,“ Foundation (SFOF), said Fox News Digital.
Although Trump rejected Dei's corporate policy, Oleka said that activists still “prefer a political agenda over financial revenues” that can “erode the value of shareholders”.
Oleka and 24 state financial officials from all over the country advocate “the policy of common sense measurement of the return on shareholders as the primary metric of success”.
Blackrock logo outside its offices in New York. (Reuters/Brendan McDermid/File Photo/Reuters Photos)
“According to Trump's administration, we saw SEC to take steps to fight radical ideology in corporations by releasing new instructions that these activists consider to be unauthorized to influence companies and corporate councils to prioritize the left political agenda rather than focusing on trusting and maximizing profits.” Fox News Digital.
The signatories of the letter include state financial officers from Alabama, Alaska, Arizona, Indiana, Iowa, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Nebrasky, North Carolina, North Dakoty, Oklahomas, Pennsylvania, South Carolina, South Dakota, Utah and Wyoming.
Companies, Asset Managers and Proxy Advisors who receive a letter include SEC, Blackrock, Capital Group, Fidelity, Franklin Resources, State Street, T. Rowe Price, Vanguard, Glass Lewis, ISS, Accenture, Amazon, Boeing, Brown-Forman, Boeing, Molson Coora Co. Nissan, Pepsico, Stanley Black & Decker, Target, Toyota, Tractor Supply and Walmart.
Sec did not answer Fox News Digital immediately about the comment.
