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The Securities and Exchange Commission (SEC) agreed to a proposal by conservative investors to investigate PayPal’s discrimination against customers based on political and religious views.
The SEC allowed the National Center for Public Policy Research’s proposal to go to PayPal’s next annual shareholder meeting, Epoch first reported.
In a letter to PayPal’s lawyers, the SEC said that the NCPPR’s proposal “requests that the board conduct an evaluation and issue a report within the next year evaluating how it oversees risks related to discrimination against individuals based on their race, color, religion (including religious views), sex, national origin, or political views, and whether such discrimination may impact individuals’ exercise of their constitutionally protected civil rights.”
