A recent decision by the top US financial regulator may impact shareholder proposals. The regulator has made a decision regarding its role in judging whether companies can exclude shareholder resolutions from votes.

The decision, made on Friday, is now permanent. It appears to be a shift in the regulator's approach to handling shareholder proposals.

Further details on this decision can be found through the Galveston County Daily News or other news sources, such as Reuters, which reported on the story by Ross Kerber.