The SEC proposed to end its oversight of corporate shareholder proposals on topics like carbon emissions and executive pay.
The SEC proposed to end its oversight of corporate shareholder proposals on topics like carbon emissions and executive pay.
The SEC’s statement informs public companies that it will discontinue CorpFin’s practice of responding to shareholder proposal no-action requests, effective immediately.
Many companies have already submitted requests seeking exclusion of proposals pursuant to Rule 14a-8.