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Shareholders to Gain Access to Company Proxy Statements for Director Nominations

On May 20, 2009, the SEC proposed amendments to the existing proxy rules that would, among other things, allow shareholders to nominate directors in a company's proxy materials. Chairman Mary Schapiro strongly encourages interested parties to participate in the Commission's comment process that will end on Aug. 17, 2009.

10 minute read July 28, 2009 at 11:51 AM
By
Timothy M. Clark
Shareholders to Gain Access to Company Proxy Statements for Director Nominations

On May 20, 2009, the U.S. Securities and Exchange Commission (SEC) proposed amendments to the existing proxy rules that would, among other things, allow shareholders to nominate directors in a company's proxy materials.

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