SEC Adopts Rules On Disclosure Of Nominating Committee Functions And Communications Between Security Holders And The Boards Of Directors

Topics:
Regulatory issues
Tags:
Board,
Board Of Directors,
Business Operations,
Corporate Governance,
Corporate Law,
Disclosure,
SEC,
Security
Source:
The Jenner & Block

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Overview: The SEC adopted rules to improve the disclosure in proxy statements regarding the nominating committee processes of public companies and the ways by which security holders may communicate with directors at the companies in which they invest. The goal of the new rules is to enhance the transparency of the operations of the Board of Directors. These new rules require disclosure but do not mandate any particular action by a company or the board of directors.

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Format: PDF | Size: 38KB | Date: Jan 2003 | Pages: 3


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