Personal Finance Advice and Commentary

Tuesday, July 26, 2011 12:12 pm
By Sheyna Steiner · Bankrate.com

It’s been a tough year for the Dodd-Frank Act. Not only is the House of Representatives working to undo investor protections, the judiciary is as well. On Friday, July 2, an appeals court threw out the proxy access rule set by the Securities and Exchange Commission as empowered by the Dodd-Frank Act, the Los Angeles

Friday, October 01, 2010 11:09 am
By Sheyna Steiner · Bankrate.com

On Wednesday, business groups filed a lawsuit against the Securities and Exchange Commission in an attempt to reverse the recently passed proxy access rule allowing shareholders to nominate candidates for their company’s board of directors. According to the groups filing the lawsuit, the U.S. Chamber of Commerce and the Business Roundtable, the proxy access rule will give activists,

Thursday, August 26, 2010 3:43 pm
By Sheyna Steiner · Bankrate.com

On Wednesday, the SEC voted in favor of allowing shareholders proxy access. According to the SEC press release, shareholders will now be able to nominate candidates for their company’s board of directors and have those nominations included in the proxy materials. There are two hurdles to be cleared however, shares must have been held for