US - Nine securities and corporate governance law firms have signed a letter to the Securities and Exchange Commission supporting its proposal to ensure shareholder rights following a similar move by some US pension funds.
The proposal, entitled Facilitating Shareholder Director Nominations, outlines a new rule requiring a company to include its shareholders' nominees for director in its proxy materials. The lette...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
