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Forum (Forum & Focus)

Aug. 21, 2009

Stuck in the Middle

Proposed SEC regulations on proxy rules are bound to create additional burdens for mid-tier public companies, write Cathryn S. Gawne and Kalei Kelly.

FORUM COLUMN

By Cathryn S. Gawne and Kalei Kelly

The Securities and Exchange Commission recently proposed regulations, titled "Facilitating Shareholder Director Nominations," that would make changes to the federal proxy rules (the rules governing the solicitation of proxies by most public companies). These proposed regulations are intended to remove perceived obstacles, imposed by the proxy process, to a shareholder's right to nominate and elect d...

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