On November 17, 2023, the staff of the U.S. Securities and Exchange Commission (“SEC”) issued one revised and five new proxy-related compliance and disclosure interpretations (“C&DIs”). These C&DI’s are summarized below, with links to the full text provided.
10 Calendar Days
Revised Question 126.03 clarifies the “10 calendar day” period in Rule 14a-6 between filing
Webinar December 7, 2023
1:00 – 2:00 p.m. ET
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It’s time to start preparing for the 2024 proxy and annual report season. Additional time may be required this year because of the substantial scope and pace of relevant changes in law and practice.
During this session, join Mayer Brown partner Jennifer Carlson
Webinar: November 1, 2023
1:00-2:00 p.m. ET
Register here.
Although it may seem early, it is already time to start preparing for the 2024 proxy and annual report season. Additional time may be required this year because of the substantial scope and pace of relevant changes in law and practice.
During this session, join
Although it may seem early, it is already time to start preparing for the 2024 proxy and annual report season. Additional time may be required this year because of the substantial scope and pace of relevant changes in law and practice.
This Legal Update provides an overview of key issues companies should consider as they
On May 25, 2023, the staff of the US Securities and Exchange Commission’s Division of Corporation Finance released three Compliance and Disclosure Interpretations (“C&DIs”) on the recent amendments to Rule 10b5-1 regarding insider trading arrangements and related disclosures. Specifically, C&DIs 120.26 and 120.27 identify the dates by which companies must first include the new disclosures
Amendments to Rule 10b5-1 under the Securities Exchange Act of 1934 are effective today, February 27, 2023.
Unanimously adopted by the US Securities and Exchange Commission (SEC) December of last year, the Rule 10b5-1 amendments, among other things:
On December 7, 2022, the Staff of the Securities and Exchange Commission issued three Compliance and Disclosure Interpretations that address the universal proxy rules. These are included in the Staff’s Proxy Rules and Schedule 14A Compliance and Disclosure Interpretations. Below, we have reprinted them for convenience.
Question 139.04
Question: A registrant receives director nominations from
November 15, 2022 Webinar
2:30 pm – 3:30 pm EST
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The proxy and annual reporting season may seem a long way off. However, in light of the amount of work and planning that goes into the proxy statement, annual report, and annual meeting of shareholders, this is the ideal time to begin
The Securities and Exchange Commission announced an open meeting to be held on November 2, 2022 to discuss several matters, some proxy related.
The SEC will consider whether to adopt new rules and form amendments intended to increase transparency in proxy vote reporting for registered investment companies. On September 29, 2021, the SEC had announced
In this MB Microtalk Video, Mayer Brown Counsel, Laura Richman, discusses the US Securities and Exchange Commission’s universal proxy rules that are now in effect for shareholder meetings. These new rules provide for mandatory use of a universal proxy card for proxy solicitations for contested elections for directors.
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