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Warren and Reed urge SEC to drop rule letting companies force shareholder disputes into arbitration, citing weakened investor protections.
Senators Elizabeth Warren and Jack Reed have urged the SEC to abandon a proposed rule allowing companies to force shareholder disputes into arbitration, warning it could weaken investor protections and reduce accountability.
The senators, citing concerns that arbitration would limit public oversight and hinder legal recourse, asked SEC Chair Paul Atkins to reconsider the plan, which they view as a significant risk to shareholder rights.
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Warren y Reed instan a la SEC a abandonar la regla que permite a las empresas forzar las disputas de los accionistas en el arbitraje, citando las debilitadas protecciones de los inversores.