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flag Warren and Reed urge SEC to drop rule letting companies force shareholder disputes into arbitration, citing weakened investor protections.

flag 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. flag 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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