SEC Announces Latest Amendments to Proxy Advisor Rules Will Not Be Enforced, Pending Additional Review
By EsqSocial Corporation 03/06/21
Gary Gensler, the new chairman of the U.S. Securities and Exchange Commission, released a statement on June 1, 2021, directing SEC staff to consider revisiting its interpretation and guidance from September 2019 regarding the application of the proxy rules to proxy advisors (the 2019 Guidance), and the amendments that it adopted in July 2020 that modified Rules 14a-1(l), 14a-2(b) and 14a-9 under the Securities Exchange Act of 1934 (the 2020 Amendments)....
By: Fenwick & West LLP