Thursday, July 26, 2007
The SEC published its final rule on "Shareholder Choice Regarding Proxy Material" today (Rel. 34-56135). The rule requires issuers and other soliciting persons to post their proxy materials on a website and provide shareholders notice of their availability. The issuer or soliciting person may elect to provide a paper copy of the materials along with the notice. If it chooses not to deliver hard copies, a shareholder may request them.