U.S. SEC to propose rules that could limit shareholders’ voice in corporate voting proposals

WASHINGTON (Reuters) - Wall Street's top regulator is poised on Tuesday to propose a long-awaited rule that would set new limits on shareholders’ ability to call for change at companies on thorny issues like climate change disclosures and executive compensation.The U.S. Securities and Exchange Commission (SEC) will vote to raise the re-submission thresholds for motions that shareholders file on company ballots, according to an official authorized to speak on the matter. The shareholder..