Apparently, there was much excitement at today's SEC open meeting. Compliance Week reports that the Commission voted to approve the NYSE's proposed ban on discretionary voting by brokers (see this post for more on discretionary voting). The vote was 3-2 along party lines.
FT Alphaville notes that the Commission also agreed to institute a say-on-pay requirement for TARP-recipient institutions.
Wednesday, July 1, 2009
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