LPL Financial (LPLA) has released an update.
LPL Financial Holdings Inc. has updated its corporate bylaws to align with new SEC universal proxy card rules and changes to the Delaware General Corporation Law. The revisions include new requirements for stockholder director nominations, conditions for proxy card use, and the removal of the obligation to have a stockholder list at meetings. These adjustments aim to streamline governance practices and ensure compliance with current regulations, reflecting the Board’s commitment to maintaining robust corporate governance standards.
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