The federal proxy rules promote ________ during proxy solicitation.

Question

Quizplus · Accepted Answer

The federal proxy rules require full disclosure of the proxy solicitation process to ensure that shareholders can make informed decisions when voting. The other options, such as forfeiture of shares or a meeting of all shareholders, are not promoted by the federal proxy rules. Direct representation of shareholders may be an objective of the proxy solicitation process, but it is not specifically promoted by the rules.

The Federal Proxy Rules Promote ________ During Proxy Solicitation