Question: Select the FALSE statement concerning proxies. A. SEC rules require material information be contained in a proxy solicitation, including a director candidate's shareholdings in the

Select the FALSE statement concerning proxies. A.

Select the FALSE statement concerning proxies. A. SEC rules require material information be contained in a proxy solicitation, including a director candidate's shareholdings in the corporation, bonuses, and stock options. B. Management has to have a new solicitation of proxy's for each annual shareholders' meeting; proxies don't carry over from one year to the next. c. The Dodd-Frank Act authorizes a shareholder to use corporate proxy solicitation material to nominate an individual for election to the board of directors. D. Members of the board of directors can vote by proxy on ordinary business decisions. OE. A proxy is an agency arrangement that allows another person to vote one's shares

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