Laurie A. Cerveny

SEC Will Permit “Proxy Access” Shareholder Proposals
Laurie A. Cerveny,Chris Cox,Janice A. Liu,Michael P. O'Brien,David K. Robbins,Charles A. Sweet, September 27, 2011
An amendment to SEC Rule 14a-8 that will enable shareholders of U.S. public companies (including investment companies) to submit proposals calling for some form of “proxy access” — that is, a procedure permitting shareholders to include alternative nominees for director in the...

SEC Seeks Comments on Review of Existing Regulations
W. Hardy Callcott,Laurie A. Cerveny,Chris Cox,Roger P. Joseph,Michael P. O'Brien,Neal E. Sullivan,Charles A. Sweet, September 20, 2011
On Sept. 6, 2011, the SEC issued a "request for information" about its process for reviewing existing regulations to determine if those regulations continue to be useful and effective. While one may question the SEC's ability, in the midst of so much new Dodd-Frank rule making, to conduct...

D.C. Circuit Voids SEC “Proxy Access” Rule
Laurie A. Cerveny,Christopher Cox,Barry N. Hurwitz,Michael P. O'Brien,David K. Robbins,Charles A. Sweet, July 26, 2011
In a strongly worded opinion, a three-judge panel of the D.C. Circuit has unanimously voided the SEC’s Proxy Access Rule, which would have permitted shareholders who owned in the aggregate 3% of the voting power of a U.S. public company (including investment companies) for at least three...