SEC/CORPORATE -
SEC Proposes Amendments To Require Universal Proxy Cards in Contested Elections -
On October 26, the Securities and Exchange Commission voted to propose amendments to the proxy rules that would require the use of universal proxy cards in contested elections (i.e., in a contested election, shareholders would be provided with a proxy card that contains the names of both the management nominees and one or more dissident shareholder nominees for the board of directors).
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