One of the (few) positive achievements of America’s Dodd-Frank legislation, enacted to address the causes of the financial crisis of 2008, is – or should have been – the requirement that the US Securities and Exchange Commission repeal the current rules that prevent institutional investors from appointing their own representatives to corporate boards. In fact, the requirement was very timid, posing so many restrictions in terms of quantity and length of ownership as to leave the bar to institutional investors effectively in place.
美国多德-弗兰克（Dodd-Frank）法案的（少数几个）积极成果之一是——其实早就应该这么做了——要求美国证券和交易委员会（Securities and Exchange Commission，SEC）撤销禁止机构投资者在公司董事会自身安插代表的规定，这是为了修正导致2008年危机的弊端。事实上，这一要求是非常谨小慎微的，对所有权的数量和时限施加了诸多限制，机构投资者想要在董事会形成气候十分困难。