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SEC Adopts Final Rules Mandating Compensation Clawback Policies

On October 26, 2022, the Securities and Exchange Commission (SEC) adopted final rules implementing Section 954 of the Dodd-Frank Act by directing national securities exchanges and associations, such as the New York Stock...more

New SEC Staff Legal Bulletin Eases Path for Rule 14a-8 Shareholder Proposals on Environmental, Social, and Governance Issues

On November 3, 2021, the staff of the U.S. Securities and Exchange Commission, Division of Corporation Finance (the “Division Staff”) issued Staff Legal Bulletin No. 14L (CF) (“SLB 14L”), rescinding Staff Legal Bulletin Nos....more

SEC Amends Rule 14a-8 to Modernize Shareholder Proposal Requirements

On September 23, 2020, the Securities and Exchange Commission (“SEC”) announced that it had adopted amendments to Rule 14a-8 under the Securities Exchange Act of 1934 (the “Amendments”). Rule 14a-8 governs the eligibility, on...more

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