• SEC Disclosure Rules on Nomination Committee and Security Holder Communications with Board of Directors
  • March 4, 2004 | Author: Richard F. Langan
  • Law Firm: Nixon Peabody LLP - New York Office
  • In November 2003, the Securities and Exchange Commission adopted new disclosure requirements and amendments to existing proxy and information statement disclosure requirements. These requirements are the first of a two-part process undertaken by the SEC to enhance the transparency of the operations of public company boards of directors and to disclose the board nomination and communication processes of public companies.