Effective Date Of Proxy Access Rules Announced

more+
less-

As described in our WSGR Alert earlier this month, the Securities and Exchange Commission’s recently adopted proxy access rules are to become effective 60 days after publication in the Federal Register, which occurred today, September 16, 2010. This means that the proxy access rules will become effective on November 15, 2010, and accordingly, public companies that mailed this year’s proxy statement on or after March 15, 2010, will be required to include director nominations, if any, from shareholders that comply with Rule 14a-11 in their 2011 proxy materials.

Please see full alert below for more information.

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: 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.

© Wilson Sonsini Goodrich & Rosati | Attorney Advertising

Written by:

more+
less-

Wilson Sonsini Goodrich & Rosati on:

Readers' Choice 2017
Reporters on Deadline

"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:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×