SEC's Proxy Advice Reform Would Benefit Economy, Country

Law360 (July 20, 2020, 6:44 PM EDT) -- The U.S. economy faces major long-term challenges when it comes to business creation and entrepreneurship. Since the 2008 financial crisis, we haven't seen the same historic rate of businesses being started.

In addition, over the last two decades, a U.S. Chamber of Commerce study revealed that there has been a steady decline, roughly 50%, in the number of public companies in the U.S. In other words, we aren't seeing businesses start and grow in the same way we used to.

This is troubling since growing businesses have historically provided the innovation and job creation that we so desperately need.

Today, public...

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