SEC Proposes Rescission of Rule 14a-8: What Comes Next? // Cooley // Global Law Firm

SEC Proposes Rescission of Rule 14a-8: What Comes Next? // Cooley // Global Law Firm

SEC proposes rescission of shareholder proposal rule - Asset Servicing Times

The Commission also proposed amendments to proxy solicitation process, with the proposals aiming to ensure correct scope of statutory authority and address market developments

CII Response to SEC 14a-8 Proposal

Washington, D.C., Sept. 16, 2026 — Let this moment settle in: The SEC, created for the purpose of protecting investors in the aftermath of the Crash of 1929, today proposed to rescind a World War II-era rule protecting shareholders’ ability to suggest ideas to improve the companies they own. Yes, shareholder proposals can be a source of embarrassment when they reveal a disconnect between shareholders’ and managers’ understandings of what matters…

The 14a-8 rescission proposal is here

As expected.Really quick stuff: First, Mike Levin and I did a whole podcast on what would happen if the SEC proposed to rescind 14a-8, and one thing we speculated on was whether the SEC would try to tweak the rules to block “zero slate” proxy contests at the same time.Interestingly, they are not proposing to do that, and in fact, they’re leaning in to the zero-slate contest as a viable option that partially justifies the loss of 14a-8. They even…