SEC's New Guidance On Shareholder Proposals

Law360 (December 7, 2009, 1:02 PM EST) -- On Oct. 27, 2009, the U.S. Securities and Exchange Commission's Division of Corporation Finance issued Staff Legal Bulletin No. 14E ("SLB 14E"), providing guidance regarding its interpretation of the "ordinary business matters" exclusion in Rule 14a-8(i)(7) under the Securities Exchange Act of 1934....

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