|SEC Proposes Internet 'E-Proxy' Posts|
|Reuters News Wire (firstname.lastname@example.org)|
Tue, 29 Nov 2005 12:38:59 -0600
U.S.-listed corporations would be allowed to post proxy statements on|
Web sites instead of sending the bulky annual documents through the
mail, under a plan proposed on Tuesday by federal regulators.
The U.S. Securities and Exchange Commission voted 5-0 to put the plan
Aimed at saving postage and printing costs, the so-called "e-proxy"
"Studies show that today 75 percent of Americans now have access to
Under the proposed rule, investors would still have to get written
The SEC requires corporations to issue a range of disclosures and
Proxy statements contain information about matters to be decided by
The present system of mailing out proxies is costly, but past efforts
Copyright 2005 Reuters Limited.
NOTE: For more telecom/internet/networking/computer news from the
|Post Followup Article||Use your browser's quoting feature to quote article into reply|
|Go to Next message: Lisa Reyes: "IEC and IEEE Team up For EntNet at Broadband World Forum Americas 2006"|
|Go to Previous message: Reuters News Wire: "Hurricane Ravaged New Orleans Getting Municipal WiFi"|
|TELECOM Digest: Home Page|