UPDATE 2-U.S. SEC Chair says agency will propose 'universal proxy ballot' rules
June 25, 2015 at 11:31 AM EDT
WASHINGTON, June 25 (Reuters) - The U.S. Securities and Exchange Commission is working to propose new rules to simplify the voting process for contested corporate board elections by permitting the use of so-called universal proxy ballots, SEC Chair Mary Jo White said on Thursday.
