Month: February 2010

Rep. Michael Capuano Introduces Legislation Requiring Shareholder Approval

HR 4537

Shareholder Protection Act of 2010 (Introduced in House)

HR 4537 IH

2d Session

H. R. 4537

To amend the Securities Exchange Act of 1934 to require the express authorization of a majority of shareholders of a public company for certain political expenditures by that company, and for other purposes.


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Draft Resolution for Local and State Governments and other Organizations

WHEREAS the First Amendment to the United States Constitution was designed to protect the free speech rights of people, not corporations;

WHEREAS, for the past three decades, a divided United States Supreme Court has transformed the First Amendment into a powerful tool for corporations seeking to evade and invalidate democratically-enacted reforms;

WHEREAS, this corporate takeover of the First Amendment has reached its extreme conclusion in the United States Supreme Court’s recent ruling in Citizens United v. FEC;

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