You Know It’s A Really Tough Regulatory Environment When . . .
In this letter sent last June, the writer commiserated: ” . . . the financial markets are more volatile and challenging than ever before. Couple all of that with the burden of new rules and regulations, and it is apparent that it’s getting harder and harder to simply do our jobs.” With the Securities and Exchange Commission pumping out new Read more...
Proxy Access and Majority Voting
According to TheCorporateCounsel.net yesterday, the Security and Exchange Commission’s proxy access rules were published yesterday in the Federal Register – thereby starting the clock on the effectiveness of the rules. In complying with proxy access, California companies should think about the interplay between Corporations Code § 708.5 and proxy access. Section 708.5 was added to the Code a few years ago at the behest Read more...
Want to Nominate a Director Today? Here’s How
The Securities and Exchange Commission’s new proxy access requirements are garnering a great deal of attention even though those rules have yet to take effect. In the meantime, you can still nominate a candidate for election as a director by sending an email to: DiverseDirectorDatabase@calpers.ca.gov. No, this won’t necessarily get your candidate in any company’s proxy statement, but it will Read more...
