New NYSE Rules Ease Shareholder Approval Requirements, but May Expand Audit Committee Role
By Maurice Blanco, Michael Davis, Joseph A. Hall, Michael Kaplan, James C. Lin, Emily Roberts, Richard D. Truesdell, Jr., & Elizabeth S. Weinstein
Corporate Law Departments,
May 2021
On April 2, the Securities & Exchange Commission approved New York Stock Exchange rule changes that will relax current requirements to obtain shareholder approval prior to certain equity issuances.
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