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SEC proposes to end oversight of corporate shareholder votes

The SEC proposed ending its oversight of corporate shareholder votes on issues such as climate change and executive pay, drawing criticism that it weakens corporate reforms.

S. Securities and Exchange Commission on Wednesday proposed ending its oversight of corporate shareholder votes on topics such as climate change and executive pay, a move critics say would undercut corporate reforms. The proposal had been expected since last month and is part of a broader shift of po…