SEC Adopts Final “Proxy Access” Rules

On Wednesday, August 25th, the Securities and Exchange Commission, by a vote of 3-2, adopted rules that will permit long-term significant shareholders to use a company’s proxy materials to nominate their own candidates to serve on the company’s board of directors. While the SEC’s action brings to a close the long and, at times, bitter […]

SEC Adopts Final “Proxy Access” Rules

On Wednesday, August 25th, the Securities and Exchange Commission, by a vote of 3-2, adopted rules that will permit long-term significant shareholders to use a company’s proxy materials to nominate their own candidates to serve on the company’s board of directors. While the SEC’s action brings to a close the long and, at times, bitter […]