TheCorporateCounsel.net

According to reliable sources, the NYSE filed an amended proposal with the SEC last Friday with respect to shareholder approval of equity compensation plans and discretionary voting of “broker non-votes.” The SEC is expected to release the proposed rule today or tomorrow (with a 21 day comment period) – and then will be on the SEC’s web site.

The other corporate governance listing standards proposals would then be handled separately – and may be a few months away from formal proposal by the SEC (as it seeks harmonization between the NYSE and Nasdaq).