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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: Fudd who wrote (12629)	6/27/2003 1:22:37 PM
From: Bucky Katt	Respond to of 48461

The Securities and Exchange Commission is expected to approve a rule Friday requiring companies listed on U.S. markets to win shareholder approval of all stock compensation plans, according to people familiar with the matter. The long-awaited move will essentially prevent companies from awarding lucrative stock-option packages to executives, directors and others without explicit shareholder approval. Brokers holding shares for their clients will also be barred from voting on equity-compensation plans unless the owner has given voting instructions. The SEC will direct the New York Stock Exchange, the Nasdaq Stock Market and other major markets to include the rule as part of their listing standards, beginning Monday. Listing standards require issuers to follow certain rules or face being bumped from trading on that market. While the NYSE and Nasdaq set their own requirements for listing shares, they must be approved by the SEC.