1. SEC Advisory Committee to Question Snap's Transparency for investors

    SEC Advisory Committee to Question Snap's Transparency for investors

    An investor committee that advises the U.S. Securities and Exchange Commission will next week review if Snap Inc's decision to deny shareholders voting rights might also reduce the social media company's public disclosures on executive pay and other governance matters, the head of that committee told Reuters on Wednesday...

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    1. The question becomes, since there are no common shareholders' proxy votes to do, what does that do to the level of disclosures it will have to do for annual meetings and annual reports.
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