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Corporate

Sep. 1, 2010

Dodd-Frank and the 2011 Proxy Season: SEC Adopts Final Proxy Access Rules

August 31, 2010 New rules offer corporate governance activists important leverage in seeking reform agenda, and an inexpensive alternative to proxy contests, says James D.C. Barrall of Latham & Watkins.

By James D. C. Barrall

As I wrote in my Aug. 12, Daily Journal overview of Dodd-Frank, the most important provisions of the act for U.S. public companies in general (those not just in the financial services sector) are on proxy access, say on pay, broker non-voting, clawbacks, independence requirements for Board Compensation Committees and their advisors, and enhanced proxy disclosure requirements - these are expected to be in full effect for the 2...

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