TheCorporateCounsel.net

September 25, 2007

Loss of Broker Non-Votes: Ain’t Happening for the ’08 Proxy Season

Yesterday, the NYSE sent an email to listed companies informing them that Rule 452 won’t be revised to eliminate broker discretionary voting in director elections for next proxy season. Previously, it was the NYSE’s stated intention to have the rule change in place and effective by January 1, 2008. As could be expected, the NYSE’s proposal is being considered by the SEC as part of the broader range of issues relating to the SEC’s own shareholder communications and proxy access proposals.

John White on CD&A, etc.

Don’t forget the keynote presentation by John White, the Director of the SEC’s Division of Corporation Finance at the “Tackling Your 2008 Compensation Disclosures: The 2nd Annual Proxy Disclosure Conference.” The Conference is two weeks from today; don’t procrastinate any further.

Also, Paula Dubberly – an SEC Associate Director and one of the primary authors of the SEC’s executive compensation rules – will be sitting on five panels during this critical Conference.

Act Now: You can catch this critical Conference either live in San Francisco or via video webcast. Remember how practical last year’s Conference was – this year will be no different: Register today.

Member Appreciation Package”: Most folks watching this popular Conference by video webcast are taking advantage of our “Member Appreciation Package,” which enables you to catch all three of these Conferences at a much reduced rate:

– “Tackling Your 2008 Compensation Disclosures: The 2nd Annual Proxy Disclosure Conference” (10/9)
– “Hot Topics and Practical Guidance Conference: The Corporate Counsel Speaks” (10/10)
– “4th Annual Executive Compensation Conference” (10/11)

Register for the “Member Appreciation Package” online – or use this Order Form.

If you have any questions, contact us at info@compensationstandards.com or 925.685.5111.

Latest Developments in Capital Market Deals

Tune in tomorrow, Wednesday, September 26th for this webcast – “Latest Developments in Capital Market Deals” – to learn about all the latest deal trends and developments featuring these experts:

– Jon Abram, Partner, Dorsey & Whitney
– Robert Hayward, Partner, Kirkland & Ellis
– Michael Kaplan, Partner, Davis Polk & Wardwell
– Erika Robinson, Partner, WilmerHale
– Robert Santangelo, Managing Director, Credit Suisse

– Broc Romanek