News & Analysis as of

Proxy Season Management Proposals

Cooley LLP

Blog: Is The Noose Tightening Around The Shareholder Proposal Rules?

Cooley LLP on

In remarks this week before the Chamber of Commerce, new SEC Chair Jay Clayton indicated that the SEC will be taking a hard look at the shareholder proposal rules. As reported in thedeal.com, Clayton advised that it is “very...more

Parker Poe Adams & Bernstein LLP

New SEC Guidance on Proxy Card Descriptions

Amazingly, the SEC staff continues to scrutinize Securities Exchange Rule 14a-4(a)(3)’s proxy card parameters. As you may recall, the staff recently grappled with the ever-murky “unbundling” aspect of that rule: first via...more

McGuireWoods LLP

SEC Staff Legal Bulletin Clarifies Shareholder Proposal Exclusion Analysis

McGuireWoods LLP on

The Securities and Exchange Commission’s (SEC’s) Division of Corporation Finance (Division) has issued Staff Legal Bulletin No. 14H (SLB14H), which contains guidance on the exclusion of shareholder proposals that...more

Dorsey & Whitney LLP

SEC Gets Off the Sidelines - Publishes Guidance on Shareholder Proposal Exclusions

Dorsey & Whitney LLP on

Yesterday, just in time for the start of the proxy season, the Securities and Exchange Commission published its eagerly-awaited guidance on two shareholder proposal exclusions – Rule 14a-8(i)(9) (“directly conflicts”...more

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