Obama chose SEC official Elisse Walter to lead agency after Mary Schapiro announced she is stepping down. Walter is a Democrat on the SEC’s five-member panel. Her term expired June 5, 2012, but a commissioner can stay on for an additional 18 months if not reconfirmed or replaced before then–in her case December 2013. Obama expressed his “deep gratitude” to Schapiro […]
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Proxy Access Regulations Revisited
James McRitchie, 11/19/2012 ,
Jill E. Fitch, a Professor of Law at the University of Pennsylvania Law School, argues the DC Circuit’s 2011 decision in Business Roundtable v. SEC, completely disregarded the congressional policy judgment reflected in Dodd-Frank’s authorization of proxy access regulations. (more…)