The Securities and Exchange Commission will be proposing new rules for supporting the $2.7 trillion money market mutual fund industry. It has already instituted a number of changes backed by the industry to strengthen the market’s stability. The new rules will be much stricter than the previous ones. For instance, the SEC wants to eliminate […]
Archives for March 2012
What Do The New Proxy Access Rules Mean For You?
The new proxy access rules will allow shareholders to use a company’s proxy materials to propose proxy access bylaws and other election or nomination procedures. At this point, it is unclear how many shareholder proposals there will be on this subject, whether they will be structured as precatory requests for board action or as binding […]