Proxy access-lite to go live

Comments (0) | 14 Sep 2011 | Rating | Print by Erik Sherman

Revisions to rule 14a-8 to come into effect allowing private ordering for proxy access proposals – but will investors use them?

The revisions to SEC Rule 14a-8 are expected to come into effect this week. Many investor advocates were disappointed when the SEC decided against appealing a court decision that struck down the more potent Rule 14a-11, which would have forced proxy access on all companies.

But the surviving rule enables ...

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