Federal Court Vacates SEC's Scaled Back Rules Governing Proxy ...

A federal appeals court vacated the SEC's amendments adopted in 2022 that would have scaled back its regulation of proxy advisory firms (PAFs).

Federal Court Vacates SEC Rules Governing Proxy Voting Advice

Last month, a federal district court vacated the SEC's rule that would have regulated proxy advisory firms (PAFs). The Court held that the ...

District Court Vacates SEC's Proxy Advisory Rule - Dechert LLP

The United States District Court for the District of Columbia held on February 23, 2024 that the Securities and Exchange Commission “acted ...

Fifth Circuit Vacates the SEC's Rescission of its Proxy Advisor Notice ...

The United States District Court for the Western District of Texas rejected NAM's argument and upheld the Rule reversal by granting summary ...

Manufacturers Victorious Over SEC in Fifth Circuit Proxy Firm Case

Washington, D.C.–Yesterday, the U.S. Court of Appeals for the Fifth Circuit ruled in the National Association of Manufacturers' favor in NAM v. SEC ...

Federal Court Decisions Spur Revisiting of SEC Regulation of Proxy ...

Recently, the U.S. Court of Appeals for the Fifth Circuit held that the SEC acted “arbitrarily and capriciously” in 2022 when it rescinded its ...

Public Companies Update – December One-Minute Reads // Cooley ...

On December 19, acting by a quorum (with one judge recused), the court pulled the plug, issuing an opinion vacating the repurchase rules. At ...

What's going on with the SEC's proxy advisor rules? - Cooley PubCo

SEC, which, in February of this year, vacated the SEC's 2020 rule that advice from proxy advisory firms was a “solicitation” under the proxy ...

Manufacturers to Sue SEC on Proxy Advisory Firm Rule - NAM

This move will undoubtedly harm the competitiveness of publicly traded manufacturers, and it will hurt Main Street investors. The SEC's decision to change ...

Fifth Circuit Vacates SEC's Rescission of Notice-and-Awareness ...

On June 26, 2024, a three-judge panel of the U.S. Court of Appeals for the Fifth Circuit ruled in National Association of Manufacturers et ...

Testimony of Charles Crain Vice President, Domestic Policy ...

long been clear that “the federal proxy rules apply to any person seeking to influence the voting of ... of the SEC's proposed proxy firm ...

SEC Provides Guidance on Proxy Rules Related to Annual ...

Under the guidance, the SEC expects public companies who plan to conduct a “virtual” or “hybrid” meeting to “notify its shareholders, intermediaries in the ...

SEC's Ambitious Agenda Snagged as Supreme Court Limits Powers

The US Securities and Exchange Commission's push to extend its regulatory reach clashes with the Supreme Court's decision to eliminate its standard.

Exemptions From the Proxy Rules for Proxy Voting Advice

The Securities and Exchange Commission ("Commission") is adopting amendments to its rules governing proxy solicitations so that investors ...

Fifth Circuit Vacates the SEC's Rescission of Its Proxy Advisor Notice ...

The U.S. Court of Appeals for the Fifth Circuit vacated and remanded portions of the proxy voting advice rule that were rescinded by the SEC ...

Exemptions From the Proxy Rules for Proxy Voting Advice - SEC.gov

SEC, 472 U.S. 181 (1985). The U.S. Supreme Court has interpreted the “publisher's exclusion” to include publications that offer impersonal ...

Fiduciary Duties Regarding Proxy Voting and Shareholder Rights

The Department of Labor (Department) is amending the "Investment Duties" regulation to address the application of the prudence and exclusive ...

Proxy Access in the US

A lawsuit challenging the rule succeeded when the US Court of Appeals for the District of Columbia Circuit vacated the SEC's proposed rule, ...

Final Rule: Facilitating Shareholder Director Nominations [Corrected

limitation in the federal proxy rules on the number of proxy contests that can take place ... See “Report on Effects of Proposed SEC Rule 14a-11 ...

21-86 Axon Enterprise, Inc. v. FTC (04/14/2023) - Supreme Court

by judicial review in a federal court of appeals”—“implicitly ... But the 30,000-foot view of the issue before us ends up a good proxy for the ...