SEC Mulling Arbitration Policy: Report

Law360, New York (April 16, 2007, 12:00 AM EDT) -- Companies may one day have the option of resolving shareholder disputes through internal arbitration, if a new policy under consideration by the U.S. Securities and Exchange Commission is put into effect.

The agency is currently discussing a policy that would allow companies to address shareholder complaints internally, rather than in court, according to the Wall Street Journal.

The policy, which is still in its early stages, would allow companies to amend their bylaws to create arbitration panels, the Journal said, citing people familiar with the matter....
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