• SEC Approves NYSE's Elimination of Broker Discretionary Voting, Proposes New Proxy Disclosure Requirements and Proposes "Say on Pay" Vote for TARP Recipients
  • July 10, 2009
  • Law Firm: Vorys, Sater, Seymour and Pease LLP - Columbus Office
  • On July 1, 2009, the SEC took three significant actions affecting public companies. First, the SEC approved a proposed NYSE rule change to prohibit brokers from voting proxies in director elections without instructions from beneficial owners.