20-10-2016 03:05 via news.yahoo.com

SEC to consider amendments to disclosures in director elections

The SEC is expected to propose rules that would make it easier for shareholders to vote on board candidates nominated by investors, in competition with those fielded by the management, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The new rules would focus on a universal ballot, which will have a single voting form in elections as opposed to two sets of ballots received by voters in contested elections, the paper said. For investors, the rules could bolst
Read more »