Code · STATUTE-COMPILATIONS · Securities Exchange Act of 1934 · Sec. 14B

Sec. 14B. CORPORATE GOVERNANCE

91 words·~1 min read·/statute-compilations/comps-1885/sec-14b

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

## SEC. 14B CORPORATE GOVERNANCE **[**78n–2**]** Not later than 180 days after the date of enactment of this subsection, the Commission shall issue rules that require an issuer to disclose in the annual proxy sent to investors the reasons why the issuer has chosen— ####

(1)the same person to serve as chairman of the board of directors and chief executive officer (or in equivalent positions); or ####

(2)different individuals to serve as chairman of the board of directors and chief executive officer (or in equivalent positions of the issuer).