Securities Regulation and Corporate Governance Monitor

Editor

Geoffrey E. Walter

Partner

SEC Proposes to Eliminate Federal Shareholder Proposal Rule and Modernize Proxy Solicitation Process

The SEC seeks to eliminate the Rule 14a-8 shareholder proposal framework, reform the voting framework applicable to shareholder proposals submitted under state law, and modernize several aspects of the proxy solicitation process. On September 16, 2026, the Securities and Exchange Commission (SEC) issued two rule proposals[1] — one addressing the shareholder proposal rules (the Rule 14a-8…

Shareholder Proposal Developments During The 2026 Proxy Season

This update provides an overview of shareholder proposals submitted to public companies during the 2026 proxy season, including statistics and notable developments from the staff (the Staff) of the Securities and Exchange Commission (the SEC) on noaction requests and exclusion notices submitted under Rule 14a-8(j) (together, exclusion requests).