SEC Denies Apple’s Bid To Block Shareholder Proposal On Forced Labor

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SEC Denies Apple’s Bid To Block Shareholder Proposal On Forced Labor
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Shareholders will hold a vote to increase supply chain transparency at its annual meeting next year.

The Securities and Exchange Commission on Wednesday blocked Apple’s request to not hold a vote at its annual meeting on a shareholder proposal to require the tech giant to provide increased transparency pertaining to its supply chain in an effort to protect workers from forced labor.

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