Sullivan & Cromwell Submits Comments to the SEC on its Proxy Access Proposal

Sullivan & Cromwell LLP - August 17, 2009

On August 17, Sullivan & Cromwell and six other law firms submitted a joint comment letter to the SEC on its proposed proxy access rules, which are designed to facilitate shareholder nominations of candidates for election to a public company's board of directors. Sullivan & Cromwell also submitted a separate comment letter that made additional recommendations and observations on the proposed rules.