“I am hopeful that Congress or the SEC can clarify that the agency’s role should not be to serve as substantive arbiters of shareholder proposals in corporate annual meetings — a role properly resting in state corporate law,” said Jim Copland, senior fellow and director of legal policy for the Manhattan Institute. “I’d also like the SEC to clarify the meaning of ‘for the protection of investors’ in its rules consistent with statutory design and to state clearly that agency-mandated disclosures for publicly traded companies should be limited to those material to investors’ financial interests.” 

The moment is ripe to strengthen the country’s efforts in emerging technologies and energy development, too.  

“Congress should also address the regulatory and policy barriers that adversely affect the competitiveness of specific energy technologies,” Nick Loris, executive vice president of policy for C3 Solutions, wrote for C3 News Mag. “That includes everything from relicensing hydropower, radiation standards for nuclear, and ensuring geothermal production on federal land is on equal footing with oil and gas development. Fixing these regulatory inefficiencies will help bring more dependable, clean power online.” 

Loris also suggests that artificial intelligence can be leveraged as a tool for government agencies to more efficiently review public comments.

Read more in Stand Together here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.