• SEC Publishes Report Recommending Changes to Its Rules for Proxy Solicitation and the Nomination and Election of Directors
  • July 29, 2003
  • Law Firm: Dechert LLP - Office
  • On July 15, 2003, the Securities and Exchange Commission issued a Report prepared by the Division of Corporation Finance regarding SEC rules and regulations for proxy solicitation and the nomination and election of directors. The Staff Report focuses on improving proxy disclosure with respect to the director nomination process and shareholder communications with board members. The Staff also recommends providing shareholder access to the company's proxy materials for purposes of nominating director candidates.