New Rules For Online Proxy Materials?

Law360, New York (November 4, 2009, 2:26 PM EST) -- On Oct. 14, 2009, the U.S. Securities and Exchange Commission proposed amendments to the proxy rules under the Securities Exchange Act of 1934 that are intended to provide additional flexibility for issuers and other soliciting persons on the content and format of the Notice of Internet Availability of Proxy Materials (the "notice").

In an effort to improve the clarity of the notice and to better educate shareholders about the notice and access model, the SEC has proposed a new rule allowing issuers and other soliciting persons...
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