X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The New York Stock Exchange said last week that it would no longer allow brokers to vote shares whose owners had not provided instructions for company proxy measures dealing with governance. The move may make it harder for companies to win approval for such measures as declassifying the board of directors and adopting majority voting for director elections.

T&R Express

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.