• SEC Adopts Disclosure Rules Regarding Nominating Committee Functions and Shareholder Communications with the Board
  • December 10, 2003
  • Law Firm: Dorsey & Whitney LLP - Minneapolis Office
  • The Securities and Exchange Commission has adopted final rules requiring companies to provide disclosure about their board nominating process and the means by which shareholders may communicate with directors. The new disclosure requirements are effective for proxy or information statements that are first provided to shareholders on or after January 1, 2004 and in applicable reports for periods ending after that date.