The ongoing recession has led lawmakers and the SEC alike to focus on limiting perceived excessive risk-taking and improving the accountability of boards of directors to shareholders. Many believe these issues have contributed to the huge declines in shareholder value experienced during the downturn.
Another View: Recent SEC Proposals on Proxy Access
The ongoing recession has led lawmakers and the SEC alike to focus on limiting perceived excessive risk-taking and improving the accountability of boards of directors to shareholders. This focus has yielded a range of ideas, although none more controversial than the SEC's recently proposed rules to permit shareholders to include their director nominees in a company's proxy statement.
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Colin J. DiamondThis premium content is locked for LawJournalNewsletters subscribers only
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