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The SEC Publishes Shareholder Access Rules
December 10, 2007 Full PDF
The SEC has published final rules to codify in a revised Rule 14a-8(i)(8) its interpretation that companies may exclude from their proxy materials not only shareholder proposals that relate to an election to the board, but also those that relate to:
- nominations for election to the board; and
- procedures for nomination or election to the board that would result in an immediate or future election contest.