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Universal Proxy Cards Board of Directors Proposed Amendments

A&O Shearman

SEC Proposes Universal Proxy Cards in Contested Elections

A&O Shearman on

On October 26, 2016, the SEC proposed amendments to the proxy rules that would require the use of universal proxies in all non-exempt solicitations in contested elections of directors. The focus of the SEC proposal is to...more

BakerHostetler

SEC Proposes Requirement for Universal Proxies in Contested Director Elections

BakerHostetler on

On October 26, 2016, the Securities and Exchange Commission (SEC) proposed amendments to the proxy rules (the “Proposal”) that would mandate the use of universal proxy cards in non-exempt proxy solicitations for contested...more

Dechert LLP

SEC Proposes Amendments to Require Use of Universal Proxy Cards

Dechert LLP on

The U.S. Securities and Exchange Commission, in a 2-1 vote1, proposed amendments on October 26, 2016 to the proxy rules that would require public companies to include director candidates nominated by a dissident shareholder...more

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