SEC Proposes Rescission of Shareholder Proposal Rule and Reforms to Proxy Solicitation Process
The SEC proposes rescinding Rule 14a‑8, which governs shareholder proposals, and modernizing proxy solicitation rules to reduce federal preemption and align with current technology.
The SEC announced the proposals in a press release on Sept. 16 2026, citing statutory authority concerns and market‑practice updates as reasons for the changes.
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SEC regulatory proposal affecting shareholder proposals and proxy solicitation processes.