The House Dec. 20 approved legislation that would require SEC registration for firms that give investors voting advice on corporate shareholder proposals.
Lawmakers voted 238-182 to send the Corporate Governance Reform and Transparency Act, H.R. 4015, to the Senate for consideration. Rep. Sean Duffy (R-Wis.) reintroduced the bill this fall after it failed to get a vote on the House floor in the previous Congress.
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