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Proxy Access Shareholder Proposals – Where Are We Now?
March 28, 2012
The SEC in 2011 narrowed its Rule 14a-8 "director election exclusion" to allow proxy access shareholder proposals. Currently, 22 such proposals in varying formats have been submitted. We discuss in the attached memoranda the specifics of these proposals and the outcome of related no-action requests submitted to date.
To read the memo, click here.