{"id":299,"date":"2020-09-28T18:46:44","date_gmt":"2020-09-28T22:46:44","guid":{"rendered":"http:\/\/blogs.duanemorris.com\/capitalmarkets\/?p=299"},"modified":"2020-09-28T18:46:44","modified_gmt":"2020-09-28T22:46:44","slug":"shareholder-proposal-rule-amended-by-sec","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/capitalmarkets\/2020\/09\/28\/shareholder-proposal-rule-amended-by-sec\/","title":{"rendered":"Shareholder Proposal Rule Amended by SEC"},"content":{"rendered":"<p>On September 23, 2020, the Securities and Exchange Commission\u00a0adopted the\u00a0<a title=\"Procedural Requirements and Resubmission Thresholds under Exchange Act Rule 14a-8\" href=\"https:\/\/www.sec.gov\/rules\/final\/2020\/34-89964.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">amendments<\/a>\u00a0to its shareholder proposal rule, which governs the process for a shareholder to have a proposal included in the company\u2019s proxy statement for consideration by all shareholders. Typical shareholder proposals include recommendations that a company or its board of directors take specified actions. The amendments are designed to promote engagement between the company and the proponent, raise eligibility thresholds for shorter-term investors and further restrict repeat proposals garnering minimal support.<\/p>\n<p>To read the full text of this Duane Morris\u00a0<em>Alert<\/em>, please <a href=\"https:\/\/www.duanemorris.com\/alerts\/sec_adopts_amendments_shareholder_proposal_rule_0920.html\">visit the firm&#8217;s website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On September 23, 2020, the Securities and Exchange Commission\u00a0adopted the\u00a0amendments\u00a0to its shareholder proposal rule, which governs the process for a shareholder to have a proposal included in the company\u2019s proxy statement for consideration by all shareholders. Typical shareholder proposals include recommendations that a company or its board of directors take specified actions. The amendments are &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/capitalmarkets\/2020\/09\/28\/shareholder-proposal-rule-amended-by-sec\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Shareholder Proposal Rule Amended by SEC&#8221;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[77,414,118,419,19,12,28,418],"ppma_author":[441],"class_list":["post-299","post","type-post","status-publish","format-standard","hentry","category-general","tag-darrick-mix","tag-michelle-ngo","tag-proxy-statement","tag-rule-14a-8","tag-sec","tag-securities-and-exchange-commission","tag-shareholder","tag-shareholder-proposal-rule"],"authors":[{"term_id":441,"user_id":6,"is_guest":0,"slug":"duanemorris3","display_name":"Duane Morris","avatar_url":"https:\/\/blogs.duanemorris.com\/capitalmarkets\/wp-content\/uploads\/sites\/7\/2014\/07\/dmlogo.jpg","author_category":"1","last_name":"Davies","first_name":"Thomas","job_title":"","user_url":"https:\/\/www.duanemorris.com","description":"<a href=\"http:\/\/www.duanemorris.com\">Visit the Duane Morris website.<\/a>"}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/capitalmarkets\/wp-json\/wp\/v2\/posts\/299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/capitalmarkets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/capitalmarkets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/capitalmarkets\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/capitalmarkets\/wp-json\/wp\/v2\/comments?post=299"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/capitalmarkets\/wp-json\/wp\/v2\/posts\/299\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/capitalmarkets\/wp-json\/wp\/v2\/media?parent=299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/capitalmarkets\/wp-json\/wp\/v2\/categories?post=299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/capitalmarkets\/wp-json\/wp\/v2\/tags?post=299"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/capitalmarkets\/wp-json\/wp\/v2\/ppma_author?post=299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}