SEC Rule Change to Clear Path for Investors on Corporate Boards - News Summed Up

SEC Rule Change to Clear Path for Investors on Corporate Boards


+ Follow x Following x Following - Unfollow+ Follow x Following x Following - Unfollow+ Follow x Following x Following - Unfollow+ Follow x Following x Following - Unfollow+ Follow x Following x Following - Unfollow+ Follow x Following x Following - UnfollowDISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. While universal ballots have long been pushed by activists, they also have gained favor from investor advocates and some companies, which have argued the ballots could improve shareholder democracy. The proxy rule changes coming into effect after the coming proxy season are thought to have the effect (possibly intended) of making it easier for activists to place their candidates on Boards of Directors. It is thought that the activists will be helped by the stockholders receiving a single proxy for both the Company and the activist candidates. To embed, copy and paste the code into your website or blog:+ Follow x Following x Following - UnfollowSEC Rule Change to Clear Path for Investors on Corporate Boards"My best business intelligence, in one easy email…"Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:* By using the service, you signify your acceptance of JD Supra's Privacy Policy.


Source: Wall Street Journal November 23, 2021 18:44 UTC



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