Proxy Access: Back to the Drawing Board

Bill Sjostrom —  2 November 2007

Per Securities Law Daily:

Under pressure from congressional leaders, institutional investors and business groups, Securities and Exchange Commission Chairman Christopher Cox Nov. 1 said he thinks the SEC “should go back to the drawing board” in early 2008 on the controversial “proxy access” issue.

“I agree that we should go back to the drawing board and think of this problem anew,” Cox said to reporters after an SEC Historical Society program at the agency’s headquarters.