In Historic Rulemaking, SEC Allows Investors to Access Proxies to Nominate Directors

In a historic vote, the Securities and Exchange Commission Aug. 25 approved controversial rule amendments to facilitate the rights of shareholders under…

Investors Laud Passage of Senate Bill but Fear Loss of Governance Terms in Merged Measure

Institutional investors and shareholder advocates lauded passage of the Senate financial regulatory reform legislation (S. 3217), saying the bill’s corporate governance provisions bring…

SEC Proposes Large Trader Reporting Rule, Changes to Improve Access to Listed Options

The Securities and Exchange Commission April 14 voted unanimously to propose a new rule that would help it identify market participants who trade large blocks of stock and…

SEC Proposes Sweeping Changes to Regulatory Framework for Asset-Backed Securities Markets

The Securities and Exchange Commission April 7 unanimously voted to propose new rules that would make extensive revisions in the regulatory framework for asset-backed securities, which…

SEC Adopts Rule Allowing Temporary Ban on Short Sales During Share Price Declines

A deeply divided Securities and Exchange Commission voted 3-2 Feb. 24 to adopt a rule that would temporarily restrict short selling in a stock when its price falls more than 10 percent in one day…

SEC Proposes Sponsored Access Rule, Issues Concept Release on Market Structure

s part of its ongoing review of market structure issues, the Securities and Exchange Commission Jan. 13 unanimously agreed to propose a new rule under the 1934 Securities Exchange Act that would…