Issue Position: Corporate Governance

Issue Position

I have stood strong against bad actors on Wall Street to ensure Oregon's assets are protected from fraud.

*Fought for Oregon's schools and workers against securities fraud by putting Oregonians at the front of the line to recover millions from the Bank of New York Mellon Corp.
*Called on the U.S. Securities and Exchange Commission (SEC) to create more transparency in corporate political activity by implementing new rules to require corporations to regularly report political spending.
*Joined with other institutional investors to use proxy voting to curb uncontrolled CEO pay, bonuses and environmentally damaging corporate practices of oil and coal-ash companies.
*Negotiated lower fees and higher transparency for private equity deals.
*Joined a class-action suit against Countrywide Financial Corp for securities fraud that cost the Oregon Public Employee Retirement Fund $14 million in losses.
*Sued Apollo Inc. and the University of Phoenix for defrauding investors and bilking students.
*Opposed the SEC proposal to limit citizen participation on boards of directors.

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