Home SEC Chair Directs Staff to Review Commission Rule Excluding Conflicting Proxy Proposals
 

Keywords :   


SEC Chair Directs Staff to Review Commission Rule Excluding Conflicting Proxy Proposals

2015-01-28 00:36:25| Grocery - Topix.net

On January 16, Securities and Exchange Commission Chair Mary Jo White announced that she has directed the SEC's staff to review Rule 14a-8 promulgated under the Securities Exchange Act of 1934, which allows an issuer to exclude a shareholder proposal that "directly conflicts" with one of the issuer's own proposals. Chair White's directive is a result of uncertainty created by the Staff's no-action letter issued to Whole Foods Market, Inc., which is described in detail in the Corporate and Financial Weekly Digest edition of December 12, 2014 .

Tags: review staff sec rule

Category:Food and Related Products

Latest from this category

All news

»
26.11BG
26.11 DVD 9
26.11Happy2024 LAST BIG
26.111-21
26.11A-68507
26.11160cm
26.11stray kids GO yes24
26.11 mark borthwick whats bummer zine edition
More »