SEC Proposal Raises Alarm From Shareholder Advocates

Trump SEC's Accidental Gift to Left-Wing Activists

The Securities and Exchange Commission has just proposed to repeal Rule 14a-8 governing shareholder proposals. The new proposal would return shareholder-proposal regulation to the states, whose laws g

SEC proposal raises alarm from shareholder advocates

Conservatives say a federal rule change could undermine shareholders’ fight against progressive corporate policies

SEC votes to propose scrapping rule that lets shareholders force a vote

Investor advocates call the move a threat to eight decades of shareholder oversight

SEC Proposes Eliminating Rule 14a-8: What the Proposed Rescission of the Federal Shareholder Proposal Rule Means for Public Companies and Proxy Season

Key Takeaways The Securities and Exchange Commission (the SEC or Commission) has taken a significant step toward fundamentally changing the federal shareholder proposal framework. On September 16, the SEC proposed to rescind Rule 14a-8, the longstanding rule governing when companies must include shareholder proposals in their proxy materials. The Commission also proposed amendments to Rule […]