October 30, 2019
SEC’s “Proxy Advisor & Shareholder Proposal” Proposals Coming Next Tuesday!
– Broc Romanek
Last night, the SEC posted this Sunshine Act notice to announce it will hold an open meeting next Tuesday, November 5th to propose rule changes for proxy advisors & shareholder proposal thresholds. My blog yesterday included an excerpt from an FT article about what may be in the proposals. Check that out for a possible preview.
We’ll be covering the SEC’s Rule 14a-8 proposal during our upcoming TheCorporateCounsel.net webcast – “Shareholder Proposals: What Now” – on Thursday, November 21st. In that program, Davis Polk’s Ning Chiu, Morrison & Foerster’s Marty Dunn and Gibson Dunn’s Beth Ising will also be discussing Corp Fin’s new approach for processing shareholder proposal no-action requests and the expected impact of Staff Legal Bulletin No. 14K.