Adapting To E-Proxy Rules For Issuers In 2009

Law360, New York (January 13, 2009, 12:00 AM EST) -- The new rules of the U.S. Securities and Exchange Commission (SEC) requiring issuers to post their proxy materials on a specified, publicly accessible Internet Web site (E-Proxy Rules), took effect on Jan. 1, 2009, for all issuers commencing a solicitation of proxies, other than a solicitation in connection with a business combination transaction. Compliance with the new rules was voluntary for all but large accelerated filers during 2008.

The E-Proxy Rules generally permit issuers to choose between two options for making proxy materials available to shareholders:...
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