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: Securities Law Prof Blog

SEC Votes to Eliminate Broker Discretionary Voting for Uncontested Directors' Elections

By Securites Lawprof

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The SEC voted to approve an NYSE proposal that would eliminate broker discretionary voting for all elections of directors, whether contested or not. Currently, NYSE Rule 452 and corresponding Listed Company Manual Section 401.08 permit brokers to vote on behalf...

Full post as published by Securities Law Prof Blog on July 01, 2009 (boomark / email).

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