Thursday, September 02, 2010

EC Makes It Easier for Shareholders to Nominate Corporate Directors


However, when CorpCounsel.com last spoke with him, he predicted that the Securities and Exchange Commission would pass the so-called "proxy access" rule, which gives shareholders greater say over the election of officers, in time for the start of the spring proxy season.

Jackson was happy to see that his prediction came true on Wednesday, as the SEC approved the rule by a 3-2 vote. Jackson, who is preparing for his first semester as a law professor at Columbia University Law School, will also be giving out stock tips and fantasy football advice.

See full Article.