Bank of America Targeted By Protesters And Investors As SEC Weighs Political Spending Rule

As the Securities and Exchange Commission considers requiring corporations to disclose their political spending to shareholders, a coalition of institutional investors and public interest groups are seeking to make next week’s Bank of America shareholder meeting a flashpoint for getting corporate money out of politics… At the meeting, Trillium Asset Managment, a firm that manages $1 billion in environmentally friendly investments, will present a resolution that would bar the company from engaging in any political spending whatsoever.

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