1. The SEC at a Crossroads

    The SEC at a Crossroads

    The recharged regulatory agency under Mary L. Schapiro faces multiple mandates as she enters her second year as chairman of the SEC. How will boards fare?

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    1. If the shareholders are unhappy, they should vote against directors or sell their stocks. We need boards that are more transparent, but the solution is not to allow shareholders to make all the decisions.
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