The U.S. Securities and Exchange Commission plans to consider a final proxy access rule when it holds an open meeting on Wednesday, Aug. 25, at 10 a.m.

The SEC's meeting notice included no details on the content of the final rule that will be presented for consideration. The final rule may require that investor groups hold a minimum 3 percent stake for at least two years to be eligible to nominate board candidates to appear on management proxy statements, according to SEC observers and news reports.