Explanation and Practical Tips Regarding the SEC's New Proxy Access Regime | White & Case LLP International Law Firm, Global Law Practice
Explanation and Practical Tips Regarding the SEC's New Proxy Access Regime

Explanation and Practical Tips Regarding the SEC's New Proxy Access Regime

On August 25, 2010, the United States Securities and Exchange Commission adopted controversial changes to the federal proxy rules that will require public companies subject to US proxy rules to include director nominees by shareholders in their proxy materials. The new regime will enable shareholders to avoid significant costs and procedural challenges that would otherwise be involved in proposing director nominees. This Client Alert summarizes the requirements under the new proxy access regime and outlines practical tips for the upcoming proxy season and beyond.

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