Standing Proxy
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A standing proxy is one that exists until revoked. This is in contrast to a
proxy Proxy may refer to: * Proxy or agent (law), a substitute authorized to act for another entity or a document which authorizes the agent so to act * Proxy (climate), a measured variable used to infer the value of a variable of interest in climate re ...
that is designated for a temporary or one-time use. A special proxy takes priority over a standing proxy, and the standing proxy is temporarily suspended when the principal or his special proxy are present. As
U.S. Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market ...
(SEC) Info notes:SEC Info - Global Sources Ltd/Bermuda - 6-K - For 5/1/02 - EX-1
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References

Corporate governance {{management-stub