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SEC Issues Shareholder Proposals

The SEC has posted the following shareholder proposed rules: Shareholder Proposals to the Election of Directors and Shareholder Proposals.  The proposals should make waves and provide for some interesting comments and public debate.  The most contentious items deal with, to what degree shareholders have access to corporate ballots (to elect directors, etc.).  The proposals put forth include a minimum percentage ownership to have such access, that depending on your view, may be to high or low (or just right).  The proposals also deal with whether shareholder proposals should be binding on company management.  The comment period is 60 days.  

Filed under: REAL WORLD

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