1. New SEC Policy Seen as Threat to Proxy Votes

    New SEC Policy Seen as Threat to Proxy Votes

    Shareholder rights advocates are now concerned that the SEC is eroding the viability of the proxy process. “I think the options are being significantly limited,” Christine Jantz, founder and president of Jantz Management, which submitted shareholder resolutions for the current proxy season, told S&P Global Market Intelligence...

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    1. These determinations often raise difficult judgment calls that the Division [of Corporate Finance] believes are in the first instance matters that the board of directors is generally in a better position to determine.
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