• SEC Adopts Rule Permitting Exclusion of Proxy Access Stockholder Proposals
  • January 11, 2008 | Authors: James A. Matarese; Ettore A. Santucci
  • Law Firm: Goodwin Procter LLP - Boston Office
  • The SEC recently adopted an amendment to its rules that govern when a company must include stockholder proposals in its proxy statement. The amendment, which codifies existing SEC interpretations, permits companies to exclude from their proxy statements stockholder proposals relating to "a nomination or an election for membership on the company's board of directors or analogous governing body or a procedure for such nomination or election."