Yesterday, the Division of Corporation Finance issued a statement indicating that, except for no-action letters seeking to exclude shareholder proposals under Rule 14a-8(i)(1), it’s out of the Rule 14a-8 no-action letter business for the remainder of 2025 and 2026. This excerpt summarizes Corp Fin’s action and reminds issuers of their continuing notice obligations: The Division of Corporation […]
Shareholder Proposals: Corp Fin (Mostly) Bows Out for ’25-’26