Sure enough, not long after I blogged yesterday about how the US Court of Appeals for the District of Columbia Circuit had not yet finalized its decision, I got word that the court had indeed done so in this brief ruling on Wednesday. But trust me, no one knew about it – so I have my excuse. So yesterday, the SEC posted this adopting release lifting the stay – and thus the Rule 14-a(8) stay will be lifted once the new rules are published in the Federal Register. That might be today or next week sometime…
Broc Romanek’s theCorporateCounsel.net, Proxy Season: SEC’s Rule 14-a(8) Stay Lifted (Almost), 9/16/2011. I’m working on a draft template for proxy access proposals. If you’d like to be a part of that effort, let me know.
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