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Congress Should Leave Proxy Advice Rule Review Up To SEC

The newly minted Biden administration is expected to reverse course on a series of Trump-era rules, including from the U.S. Securities and Exchange Commission.

The nomination of former Commodity Futures Trading Commission Chairman Gary Gensler to serve as the next SEC chairman has sent a signal to progressives that the administration may undo many of the rules put in place under the leadership of former Chairman Jay Clayton.

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