I’ve had a great year or so representing individual investors on the SEC Investor Advisory Committee (IAC). (Here are links to its member list and SEC web page.) I’ve learned a lot from my colleagues on the committee and from SEC staff. I hope I have made a worthy contribution serving retail investors and the broad public interest.
The Dodd-Frank Act redefines the IAC, so the committee is now being reconstituted to conform with the Act. I’ve decided not put my name forward as a candidate for the new (Statutory) IAC. I tend to specialize in just a few areas of the SEC’s broad regulatory mandate, and once I have submitted my personal comments on their recent proxy concept release, I will have contributed the bulk of what I have to offer. I’ll blog about and link to my comments after I submit them later this month.
There is still plenty of work for the new IAC to do on proxy voting, but I am confident that there are more suitable candidates than I to help with that. I’m still engaged on these issues, and expect to stay involved one way or another. My main work continues on VoterMedia.org, pursuing governance reform for democracies and corporations.