Topics
- Wall Street Reform
- Executive Compensation
- Corporate Governance
- Consumer Protection Act
- Tax Credit
- Qualifying Therapeutic Discovery Project
- Patient Protection and Affordable Care Act
- Health Care Act
- Corporate Tax
- Employment Incentives
- HIRE Act
- Social Security Tax
- Securities Law
- NYSE Rule 452
Contributors
Subscribe to RSS
Recent Posts
- SEC Adopts Proxy Access
- Dodd Act Change Immediately Affects Private Offerings
- FASB Issues New Exposure Draft on Disclosure of Certain Loss Contingencies
- Financial Reform Act Triggers Significant New Executive Compensation Requirements
- U.S. Senate Passes Consumer Financial Protection Act of 2010
- New Qualifying Therapeutic Discovery Project Credit Will Benefit Biotech Companies
- Federal HIRE Act Provides New Tax Benefits for Hiring Unemployed Workers
- New Form 8-K Item 5.07 Will Affect S-3 Eligibility
- Revised NYSE Corporate Governance Listing Standards Effective as of January 1, 2010
- SEC Approves Proxy Disclosure Enhancements
Other KMK Blogs
IRS Circular 230 Disclosure: Unless we have specifically stated to the contrary in writing, any discussion of federal tax issues or submissions in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (1) avoiding penalties under the United States federal tax laws or (2) promoting, marketing, or recommending to anyone any transaction or matter addressed herein.
SEC Proxy Access Comment Period Re-Opened
Following up on its June proposal to change federal proxy rules to facilitate the rights of shareholders to nominate directors, on December 14 the Securities and Exchange Commission announced that it is re-opening the public comment period to "seek views on additional data and related analyses." The SEC staff continues to expect to make a final recommendation to the Commission "early next year."
It is of interest that the SEC is now taking this action after it allowed the original comment period to expire (without any extension) on August 17. The SEC has received over 500 comment letters on this proposal, many of which came in after that deadline. Why would it want more comments now?
