Enhancing Multi-Class Share Disclosures Act

This bill says that when a company has different types of stock that give some people more voting power than others, the company must share more details about that in materials sent to shareholders. Specifically, the company must reveal how many shares key people — like directors, top executives, and anyone who holds 5% or more of the total voting power — own across all stock classes, and how much voting power each of those people has.

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