Title
SEC Approves Elimination of Broker Discretionary Voting in Uncontested Director Elections
By
Thomas Berkemeyer
Description
American Bar Association Young Lawyers Division The 201 Practice Series: Beyond the Basics © 2009 American Bar Association. All Rights Reserved. SEC Approves Elimination of Broker Discretionary Voting in Uncontested Director Elections By Thomas Berkemeyer On July 1, 2009, the Securities and Exchange Commission approved an amendment to New York Stock Exchange Rule 452 that will eliminate “broker discretionary votes”. This rule change will likely have a significant impact at...

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