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SEC Division of Corp. Fin. Guidance: Shareholder Proposals

The SEC staff published the attached legal bulletin to provide information and guidance for companies and shareholders regarding Exchange Act Rule 14a-8. Specifically, this bulletin covers:

  • the parties that can provide proof of ownership under Rule 14a-8(b)(2)(i) for purposes of verifying whether a beneficial owner is eligible to submit a proposal under Rule 14a-8;

  • the manner in which companies should notify proponents of a failure to provide proof of ownership for the one-year period required under Rule 14a-8(b)(1); and

  • the use of website references in proposals and supporting statements.

View bulletin in full "Shareholder Proposals: Steff Legal Bulletin No. 14G" (links externally to SEC website).

Tags

Regulated Activities
Central Clearing Proxies / Voting
Sub-Activity
Shareholder Proposals
Regulated Entities
Issuers of Securities
Sub-Entity
SEC-Registered Issuers
Body of Law
Securities Law
Jurisdiction
US - Federal
Organization
SEC