Comment Deadline Set for SEC Universal Proxy Card Proposal
An SEC proposal that would require the use of universal proxy cards in all nonexempt solicitations for contested director elections, and for which the SEC reopened the comment period, was published in the Federal Register. The comment deadline for the proposal is June 7, 2021.
The SEC reopened the comment period on a 2016 proposed rule that would require the use of universal proxy cards in all non-exempt solicitations for contested director elections.