Carl Icahn urges U.S. SEC to 'rethink' proposed rule change for proxy advisers

Billionaire activist investor Carl Icahn on Monday urged the U.S. Securities Exc...

FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New York, U.S. on February 11, 2014. REUTERS/Brendan McDermid/File Photo

The SEC earlier this month put forward new rules that would require proxy adviser firms to give companies a chance to review proxy materials before they are sent to shareholders.

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