Question
The proposed reform by President Barack Obama (also earlier purhsed by President George Bush's administration unsuccessfully) in the recently passed financial regulation law (that was
The proposed reform by President Barack Obama (also earlier purhsed by President George Bush's administration unsuccessfully) in the recently passed financial regulation law (that was subsequently stopped by a lawsuit) to encourage shareholder director nominations before the SEC would:
A.allow shareholders to vote directly for members of boards of directors rather than through institutional investors;
B.allow corporations under certain conditions to place the nominees for board seats of shareholders on the proxy in addition to management's nominees for a competitive election;
C.allow shareholder resolutions to limit the number of nominees to board seats;
D. force shareholders in all cases to nominate more individuals than the number of board seats open for election.
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