Proxy solicitations

Shareholder proposals – the great reset again! (Part 2)

By Sanjay Shirodkar & Jenna Fontenot on March 4, 2025

Posted in Annual meetings, Corporate governance, Proxy solicitations, SEC developments, Shareholder proposals

In our earlier blog post, we discussed Staff Legal Bulletin 14M (SLB 14M), which rescinded prior Staff Legal Bulletin 14L (SLB 14L). The staff of the US Securities and Exchange Commission (SEC) indicated that SLB 14M is intended to clarify the views of the SEC staff (Staff) on the…

Shareholder proposals – the great reset again!

By Sanjay Shirodkar & Jenna Fontenot on February 24, 2025

Posted in Annual meetings, Proxy solicitations, Proxy voting, Shareholder engagement, Shareholder proposals

The staff of the US Securities and Exchange Commission (SEC) rescinded prior Staff Legal Bulletin 14L (SLB 14L) and issued Staff Legal Bulletin 14M (SLB 14M) on February 12, 2025. SLB 14M is intended to clarify the views of the SEC staff (Staff) on the scope and application of Rule…

Notice of Exempt Solicitations are under scrutiny

By Sanjay Shirodkar & Jenna Fontenot on February 18, 2025

Posted in Annual meetings, Corporate governance, Proxy solicitations, Proxy voting, SEC developments, Shareholder engagement

It may now be more difficult to use the exempt solicitation process as a messaging tool. As one of the first acts of the new US Securities and Exchange Commission (SEC) Administration, the staff of the SEC revised certain Compliance and Disclosure Interpretations (C&DIs) related to the use of Notice…