Heads Up for 2013 Proxy Season: ISS Seeks Comment on Draft Proxy Voting Policies & SEC Releases Technical Guidance on Shareholder Proposals

On October 16, 2012, Institutional Shareholder Services released proposed amendments to its proxy voting policies for the 2013 proxy season. ISS is seeking comments by end of day October 31, 2012. On the same day, the SEC Division of Corporation Finance published Staff Legal Bulletin No. 14G (CF), which will make it more difficult for companies to exclude shareholder proposals on the basis of certain technical issues.

To read the Alert please follow this link.

Rebecca Grapsas

Rebecca Grapsas

Legalese