Challenges of the Next Proxy Season

What to Expect from the Dodd-Frank Act and How to Begin to Prepare
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 contains provisions intended to strengthen corporate accountability to shareholders that will affect all U.S. public companies, regardless of industry. Many observers believe that implementation of the Dodd-Frank Act will significantly increase the influence of shareholders in corporate governance matters -- beginning with the 2011 proxy season. We have updated our July Briefing to give chief legal officers, corporate secretaries and others in management who work with their company’s board a head start in planning to meet the considerable challenges stemming from the Dodd-Frank Act for the upcoming proxy season.