Internet Availability of Proxy Materials

The SEC, on January 22, 2007, adopted amendments to the proxy rules that allow issuers and other soliciting persons to voluntarily furnish proxy materials to shareholders by posting them on an Internet Web site and providing shareholders with notice of the availability of the proxy materials.

For the full text of the amendments, see Final Rule Release No. 34-55146: Internet Availability of Proxy Materials

Shareholder Choice Regarding Proxy Materials

The SEC, on July 26, 2007, adopted amendments to the proxy rules that require issuers and other soliciting persons to furnish proxy materials to shareholders by posting them on an Internet Web site and providing shareholders with notice of the availability of the proxy materials.

Compliance Dates: Large accelerated filers, not including registered investment companies, must comply with the amendments regarding proxy solicitations commencing on or after January 1, 2008. Registered investment companies, persons other than issuers, and issuers that are not large accelerated filers conducting proxy solicitations (1) may comply with the amendments regarding proxy solicitations commencing on or after January 1, 2008 and (2) must comply with the amendments regarding proxy solicitations commencing on or after January 1, 2009.

For an excerpted version of the amendments, see: Excerpt—Shareholder Choice Regarding Proxy Materials

For the full text of the amendments, see Final Rule Release No. 34-56135: Shareholder Choice Regarding Proxy Materials