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SEC will not appeal proxy access decision; Rule 14a-8 amendments on private ordering to become effective
- Alston & Bird LLP
- -
- USA
- -
- September 8 2011
Late Tuesday, September 6, 2011, the Securities and Exchange Commission (SEC) Chairman Mary L. Shapiro issued a statement that the SEC would not seek a rehearing of the decision by the United States Court of Appeals for the District of Columbia Circuit vacating the SEC’s recently adopted Rule 14a-11 and related amendments and would not seek Supreme Court review
