Proxy Access Rules Create M&A Uncertainty

MacFadyen, Ken
August 2010
Mergers & Acquisitions Report;8/30/2010, Vol. 23 Issue 35, p22
The article examines the impact of the new proxy access measures introduced by the U.S. Securities and Exchange Commission (SEC). While these measures improve the process and reduce costs for shareholders by making it easier for large shareholders of public companies to nominate directors, the dissident directors' ability to initiate mergers and acquisition activity becomes uncertain. SEC Commissioner Mary Schapiro pointed out the lack of clarity over the authority of the SEC to adopt new measures


Related Articles

  • Breeds Success.  // NACD Directorship;Nov/Dec2012, Vol. 38 Issue 6, p29 

    An interview with U.S. Securities and Exchange Commission (SEC) Chairman Mary Schapiro is presented. She believes that the SEC must prioritize investors interest when implementing rules. On diversity in corporate boards, she says that it is important for the success of their businesses. She...

  • NACD DIRECTORSHIP 100. Cunningham, Jeffrey M. // NACD Directorship;Sep/Oct2010, Vol. 36 Issue 4, p22 

    The article focuses on the National Association of Corporate Director's (NACD) 2010 Directorship 100 list of the most influential corporate directors in the U.S. In the regulators and rule makers category, directors listed include Chancellor William B. Chandler III of the Delaware Court of...

  • Schapiro Acts to Beef Up SEC Enforcement Process. Aguilar, Melissa Klein // Compliance Week;Apr2009, Vol. 6 Issue 63, p13 

    The article reports that Mary Schapiro, Securities & Exchange Commission's (SEC) new chairman, has announced the end of it's two-year "penalty pilot" program. As stated, this program required the enforcement staff to obtain special approvals in cases involving civil monetary penalties for public...

  • The SEC at a CROSSROADS. Gillespie, Mary Ellen // NACD Directorship;Feb/Mar2010, Vol. 36 Issue 1, p22 

    The article discusses the U.S. Securities and Exchange Commission's (SEC) new mandates and measures proposed in 2009, for boards of public companies, in light of the economic recession. The agency, led by new Chairman Mary L. Schapiro, has taken on various initiatives including issuing a concept...

  • Mary Schapiro lays down a challenge to all accountants. MILLER, PAUL B. W.; BAHNSON, PAUL R. // Accounting Today;Apr2011, Vol. 25 Issue 4, p18 

    The article discusses the challenge to accountants posed by U.S. Securities and Exchange Commission (SEC) Chair Mary Shapiro in a speech she delivered at the annual SEC/Public Company Accounting Oversight Board/American Institute of CPAs conference in Washington D.C. on December 6, 2010. It...

  • Toughening beneficial ownership disclosure.  // Pensions & Investments;12/26/2011, Vol. 39 Issue 26, p12 

    An excerpt from remarks by Mary L. Schapiro, chairman of the U.S. Securities and Exchange Commission (SEC), at the December 15, 2011 Transatlantic Corporate Governance Dialogue in Washington, is presented.

  • SEC seeks more money. Brush, Silla // Hill;3/12/2009, Vol. 16 Issue 29, p16 

    The article reports on the statement of U.S. Securities and Exchange Commission (SEC) Chairwoman Mary L. Schapiro claiming that the agency is in need for more funds to implement securities regulations and askin the Congress to allow it to access an additional $17 million in 2009.

  • Rocking the Boat at the SEC. Gay, Chris // U.S. News Digital Weekly;11/30/2012, Vol. 4 Issue 48, p6 

    This article announces that Mary Schapiro would step down as head of the U.S. Securities and Exchange Commission.

  • The Examiner.  // NACD Directorship;Feb/Mar2011, Vol. 37 Issue 1, p53 

    The article presents the text of the speech by Jenner & Block Chairman Anton Valukas delivered at the 11th Annual Directorship 100 Forum of the National Association of Corporate Directors (NACD). He talked about the involvement of the board of directors of Lehman Brothers in the institution's...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics