Final Rule
Shareholder Proposals Relating to the Election of Directors
Overview
The Securities and Exchange Commission is publishing this adopting release to codify the meaning of Rule 14a-8(i)(8) under the Securities Exchange Act of 1934. Rule 14a-8 provides shareholders with an opportunity to place certain proposals in a company's proxy materials for a vote at an annual or special meeting of shareholders. Subsection (i)(8) of the Rule permits exclusion of certain shareholder proposals related to the election of directors. The Commission is adopting an amendment to Rule 14a-8(i)(8) to provide certainty regarding the meaning of this provision in response to a recent court decision.
Prior Actions
Proposed Rule (34-56161)
Release Number
34-56161
IC-27914
SEC Issue Date
July 27, 2007
Federal Register Publish Date
Aug. 3, 2007
Document Citation
72 FR 43488
RIN
3235-AJ95
Resources
Details
File Number
S7-17-07
Rule Type
Final
Release Number
34-56914
IC-28075
SEC Issue Date
Dec. 6, 2007
Effective Date
January 10, 2008
Federal Register Publish Date
Dec. 11, 2007
Document Citation
72 FR 70449
RIN
3235-AJ95