The Investor Advisory Committee (the “Committee”) of the Securities and Exchange Commission (the “SEC”) will hold a public meeting on March 12, 2026, beginning at 10:00 a.m. ET. The meeting will be open to the public and accessible via a live webcast on the SEC’s website. The meeting agenda includes the following items:
- Public Company Disclosure Reform. The panel will focus on potential reforms to the public company disclosure framework, including the merits of a shift from quarterly to semi-annual reporting as well as the ongoing review of Regulation S-K disclosure requirements.
- Fund Proxy Voting — Challenges, Costs, and Pathways to Modernization. This panel will examine challenges funds face in obtaining a quorum for shareholder meetings, particularly as retail participation patterns evolve and intermediated account structures complicate outreach. Panelists will discuss the current proxy voting framework, costs associated with solicitation, and potential avenues for modernization.
- Vote on Recommendation Regarding the Tokenization of Equity Securities. The Committee will discuss and vote on a recommendation concerning the tokenization of equity securities. The discussion will address regulatory considerations and investor protection issues associated with the issuance, holding, and trading of tokenized equity. Read the Draft Recommendations prepared by the Market Structure Subcommittee. Read our post on the December 2025 Committee meeting for additional background on prior Committee discussions regarding tokenization.
Additional information regarding the meeting, including the webcast details and the full agenda, is available on the SEC’s website.