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John Finley Authors Editorial on SEC's Proposed Proxy Access Rules for Public Company Directors In The Deal

01.12.10
In an editorial titled “Shoot the Legend” for the The Deal Magazine’s January 2010 issue, Simpson Thacher partner John Finley contends that proponents of proxy access rule do shareholders no favor by pushing the myth that corporate boards need a new federal mandate to become accountable.  Finley notes, however, that the most overreaching aspects of the proposed proxy access rule can be mitigated if the SEC allows a company's shareholders to opt out from application of the rule.  To read the article in full please click here.