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ARTICLE · 31 JANUARY 2007

SEC Issues Release Adopting Proxy Rule Changes to Permit Delivery of Proxy Materials Via Website

Goodwin Procter LLP
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The SEC issued a formal release (the "Release") adopting amendments to the proxy rules (the "Proxy Rules") under Section 14 of the Securities Exchange Act of 1934, as amended (the "1934 Act"), that allow persons soliciting proxies, including persons other than an issuer, to satisfy the requirement to furnish proxy materials imposed by Rule 14a-3 under the 1934 Act by using a "notice and access" model for the delivery of proxy material.

United StatesFinance and Banking
Gregory Lyons
Gregory Lyons

In this issue:

Developments of Note

  1. SEC Issues Release Adopting Proxy Rule Changes to Permit Delivery of Proxy Materials Via Website

  2. SEC Issues Release Proposing Proxy Rule Changes Mandating Internet Availability of Proxy Materials

  3. FDIC Issues Supervisory Policy on Predatory Lending

Other Item of Note

  1. Division of Investment Management Posts Notices of Exemptive Applications and Exemptive Orders on SEC Website

Developments of Note

SEC Issues Release Adopting Proxy Rule Changes to Permit Delivery of Proxy Materials Via Website

The SEC issued a formal release (the "Release") adopting amendments to the proxy rules (the "Proxy Rules") under Section 14 of the Securities Exchange Act of 1934, as amended (the "1934 Act"), that allow persons soliciting proxies, including persons other than an issuer, to satisfy the requirement to furnish proxy materials imposed by Rule 14a-3 under the 1934 Act by using a "notice and access" model for the delivery of proxy material.

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