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  • Speech By SEC Commissioner Annette L. Nazareth: Opening Statement — Proxy Non-Access

    Date 28/11/2007

    I am very disappointed this Commission meeting has been convened today to vote to deny shareholders the opportunity to exercise their state law rights. One of the most fundamental shareholder rights in America is the ability to elect directors, and director elections form the core of shareholder power.

  • SEC Adopts Proxy Rule Amendments Encouraging Electronic Shareholder Forums

    Date 28/11/2007

    The Securities and Exchange Commission voted today to adopt amendments to the federal proxy rules under the Securities Exchange Act of 1934 to facilitate the use of electronic shareholder forums. The amendments are expected to open up new avenues for real-time communications among shareholders, and between shareholders and the companies they own.

  • NYSE Arca Tech 100 Index® Announces Change To Index Components

    Date 28/11/2007

    The NYSE Group Inc., today announced that the NYSE Arca Tech 100 Index® will replace the following constituents in the index as a result of semiannual rebalance.  The changes are effective as of market close on November 30, 2007.

  • TSX Venture Exchange Welcomes Quebec-Based Issuers

    Date 28/11/2007

    TSX Venture Exchange is taking the opportunity to celebrate the listing of the newest issuers from Quebec. This reception on Tuesday, December 4, 2007 will welcome the 16 emerging companies who have listed on Canada's junior exchange since June 2007.

  • CalPERS Assails SEC Rollback Of Investor Rights - Denounces Action To Deny Shareowner Access To Corporate Ballots

    Date 28/11/2007

    The California Public Employees’ Retirement System (CalPERS) issued the following statement today about action by the U.S. Securities and Exchange Commission (SEC) on the proxy access issue: "We are deeply disappointed that the SEC took away the right of shareowners to use company ballots to seek approval of director election procedures," said Rob Feckner, CalPERS Board President. "This is a serious wrong turn from the Commission’s duty to adopt regulations that ‘do no harm’ to inve

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