1. Short title This Act may be cited as the Stop Woke Investing Act . 2. Shareholder proposals (a) Definitions In this section: (1) Accelerated filer; large accelerated filer The terms accelerated filer and large accelerated filer have the meanings given the terms in section 240.12b–2 of title 17, Code of Federal Regulations, or any successor regulation. (2) Commission The term Commission means the Securities and Exchange Commission. (3) Material The term material , when used to qualify a financial risk or financial return— (A) means a financial risk or financial return in which there is a substantial likelihood that a reasonable investor would attach importance when— (i) evaluating the potential financial risks or returns of an existing or prospective investment; or (ii) exercising, or declining to exercise, any rights with respect to securities; and (B) does not include— (i) furthering nonpecuniary, environmental, social, political, ideological, or other goals or objectives; or (ii) any portion of a financial risk or financial return that primarily relates to events that— (I) involve a high degree of uncertainty regarding what may occur in the long-term future