Source: Sewell Chan, New York Times ( Free Registration )

The chairman of the Senate Banking Committee [Christopher Dodd (D-CT] will unveil on Monday a proposal to revamp the nation’s financial regulations that would empower shareholders to have advisory votes on executive pay and to nominate directors for the boards of public companies through company proxy ballots, several people briefed on the draft legislation said Saturday.

Read Full Article: Dodd to unveil comprensive financial reform bill