SEC Releases Staff Legal Bulletin Regarding Shareholder Proposals

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On October 16, 2012, the staff of the Division of Corporation Finance of the Securities and Exchange Commission (SEC) released Staff Legal Bulletin No. 14G (SLB 14G). The release is the eighth staff legal bulletin discussing issues related to shareholder proposals submitted under Rule 14a-8 of the Securities Exchange Act of 1934 (the "Exchange Act"). Matters addressed in SLB 14G are discussed below.

 

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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