In the suit<\/a>, FEP – represented by the New Civil Liberties Alliance – argues that the SEC lacks authority to approve the rule, and that Nasdaq lacks the authority to promulgate it. A companion suit argues the rule is illegal and unconstitutional.<\/p>\nTo schedule an interview with the National Center on this or other issues, contact Amy Jo Clark at (317) 504-0133 or Judy Kent at (703) 477-7476.<\/p>\n
Launched in 2007, the National Center\u2019s Free Enterprise Project focuses on shareholder activism, the preservation of free markets that respect shareholder and other property rights, and the confluence of big government and big business. Over the past four years alone, FEP representatives have participated in over 100 shareholder meetings \u2013 advancing free-market ideals about health care, energy, taxes, subsidies, regulations, religious freedom, food policies, media bias, gun rights, workers\u2019 rights and other important public policy issues. As the leading voice for conservative-minded investors, it annually files more than 90 percent of all right-of-center shareholder resolutions. Dozens of liberal organizations, however, annually file more than 95 percent of all policy-oriented shareholder resolutions and continue to exert undue influence over corporate America. FEP also lodges lawsuits in defense of shareholder rights and free markets, participates in regulatory proceedings and contributes to legislative and regulatory reform aimed at reining in out-of-control corporate executives, protecting the corporate world for people of all viewpoints and backgrounds and pushing corporate America back to its genius and its job: business, not left-wing activism.<\/p>\n
FEP activity has been covered by the New York Times, Washington Post, USA Today, Variety<\/em>, the Associated Press, Bloomberg, Drudge Report, Business Insider, National Public Radio and SiriusXM.<\/p>\nThe National Center for Public Policy Research, founded in 1982, is a non-partisan, free-market, independent conservative think-tank. It receives over 350,000 individual contributions a year from over 60,000 active recent contributors.<\/p>\n","protected":false},"excerpt":{"rendered":"
Sacramento, California – Challenging a California law requiring companies to adhere to minimum quotas of board members based on race or sexual orientation, shareholder activists from the National Center for Public Policy Research (NCPPR) joined with the Pacific Legal Foundation (PLF) in a federal lawsuit…<\/p>\n","protected":false},"author":2,"featured_media":39677,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,30,821],"tags":[75],"yoast_head":"\n
Shareholder Activists Sue California Over Radical Board of Director Rules - The National Center<\/title>\n \n \n \n\t \n\t \n\t \n