America's Securities and Exchange Commission passed a new rule intended to make it easier for shareholders to remove directors at companies they feel are underperforming or paying their bosses too much.

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That will make it tougher for banks to compete with private-equity firms that don't face such a rule.

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In order to make that model work, it is critical for every government within the larger system to adopt a nondiscrimination rule.

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It becomes frustrating for editors who try to make a change only to see them reverted for a previously unknown rule.

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And, as a rule, says ClientLogic, American firms need to outsource at least 200 jobs abroad to make it pay.

ECONOMIST: Call centres

The office was supposed to make a decision on the rule last year, but there is still no indication when it might act.

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