Corporate America was not looking forward to the 2010 proxy season. First, in July 2009, the Securities and Exchange Commission (SEC) approved the amendment of New York Stock Exchange Rule 452 to prevent brokers from exercising discretionary voting authority in the election of directors.
Is What's Past Prologue?
This article considers changes in the regulatory climate prior to the 2010 proxy season and the actual voting results, and looks at some issues that will affect proxy seasons in 2011 and beyond.
By
Robert B. LammThis premium content is locked for LawJournalNewsletters subscribers only
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