If the SEC passes the controversial shareholder access rule, boardroom dynamics will be changed forever.
Over 60 years ago, a group of SEC commissioners met around a table at the Pennsylvania Athletics Club - where the commission had temporarily relocated because of World War II - to discuss a controversial proposal. The proposition, aimed at giving shareholders the right to have their director candidates on the proxy, didn't pass and the issue slipped somewhat under the radar until last summer.Then a different set of SEC commissioners met behind closed doors to consider a similar proposal. This time
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