February 24, 2003
As will be covered more
As will be covered more completely in the upcoming issue of E-Minders, a union proponent has filed an appeal with the Commission over the exclusion of a shareholder proposal.The proposal would require Citigroup to include board nominees on its proxy card if such persons were nominated by shareholders that owned at least 3% of the company’s stock. Unlike the typical shareholder proposal, the Citigroup proposal would be binding as it seeks to amend the company’s by-laws.
On Friday, the SEC posted the adopting release for Regulation AC (Analyst Certification) at http://www.sec.gov/rules/final/33-8193.htm.
For TheCorporateCounsel.net subscribers, we have posted an interview with Bruce Mendelsohn on MD&A – see http://www.thecorporatecounsel.net/member/InsideTrack/02_21_03_Mendelsohn.htm.