; (iii) issues relating to the proxy process for shareholder meetings held by public companies; (iv) issues relating to trading in the securities of public companies; and (v) issues relating to capital formation; and (B) submit to the Commission such findings and recommendations as the Committee determines are appropriate, including recommendations for proposed regulatory and legislative changes. (b) Membership (1) In general The membership of the Committee shall be not fewer than 10, and not more than 20, members appointed by the Commission from among individuals who— (A) are officers, directors, or senior officials of public companies registered with the Commission under the Securities Act or 1933 and this Act, except for those public companies that own asset management, fixed income, investment advisory, broker-dealer, or proxy services businesses; (B) are executives or other individuals with senior managerial responsibility in business, professional, trade, and industry associations that represent the interests of such public companies