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today the securities and exchange commission issued new rules to give shareholders more say about who directs the companies they own [Music] when you buy stock in a publicly traded company you actually own part of the company youre a shareholder and that means you have some important rights like the right to elect directors to the companys board these directors work for us and are central to the governance of the company they represent the interest of investors in fact they owe a duty to investors theyre the boss of the management team and chief executive officer they provide important oversight of that management of the finances and internal controls so its pretty important that you the shareholders the companys owners get to submit candidates for a vote and that those candidates have equal standing as other candidates currently though company management is able to put out a director ballot that includes only the candidates that they are nominating and prefer other candidates sub
