How Three Years of the SEC’s Universal Proxy Card Have Changed Proxy Contests
How Three Years of the SEC’s Universal Proxy Card Have Changed Proxy Contests Author take Punchy: A data-first reality check — universal proxy cards have reshaped contests so activists win more often but almost always only a little. Summary The SEC’s universal proxy card (UPC), effective 1 September 2022, lets shareholders mix-and-match management and dissident […]