Proxymity’s Post

The United States Court of Appeals for the Fifth Circuit recently determined that the Securities and Exchange Commission violated the Administrative Procedures Act when it rescinded its notice-and-awareness requirements for proxy advisory firms by failing to provide an adequate explanation of its reason for the change. Learn more about the impact of this decision and key takeaways for publicly traded companies. #SEC #PublicCompanies #SecuritiesLaw #FifthCircuit Brian North Xander Silva

In this Public Chatter blog post, Perkins Coie LLP Partner Allison Handy highlights some new FAQs from ISS | Institutional Shareholder Services about its voting policies. #ISSgovernance #CorpGov #CorporateGovernance #PublicChatterBlog

In this Public Chatter blog post, Perkins Coie LLP Partner Allison Handy highlights some new FAQs from ISS | Institutional Shareholder Services about its voting policies. #ISSgovernance #CorpGov #CorporateGovernance #PublicChatterBlog

The United States Court of Appeals for the Fifth Circuit recently determined that the Securities and Exchange Commission violated the Administrative Procedures Act when it rescinded its notice-and-awareness requirements for proxy advisory firms by failing to provide an adequate explanation of its reason for the change. Learn more about the impact of this decision and key takeaways for publicly traded companies. #SEC #PublicCompanies #SecuritiesLaw #FifthCircuit #slotnicklaw #slotnick

One of the persistent debates in the UK listed sector over the last ten years or more has been about the role of proxy advisors – organisations that provide investors with voting research and recommendations. Many companies believe that proxy advisors have an excessive influence on voting at AGMs and accuse investors of effectively delegating voting decisions to these advisors. The belief that proxy advisors drive the vote affects companies’ own decision-making; some have admitted to changing proposals purely to avoid a recommendation to vote against ➡Learn more in this guest blog by Chris Hodge, Senior Advisor at Morrow Sodali: https://lnkd.in/eUdq9He3 #ProxyAdvisors #CorporateGovernance #Business

There has been a lot of talk around the anticipated new SEC disclosure rules. What IS the SEC ruling? What does it mean? How does it impact corporates and investors? I've shared a helpful guide in the comments answering these questions and more. #disclosures #EEO1 #diversity

Here is my new article on the astonishing new threats to shareholder rights in Congress. Please share widely. Also, this topic has me thinking about how shareholder rights are fundamental to diversified investing strategies. I'm curious to hear others thoughts on that topic. https://lnkd.in/gQgE4yW8

Partners Eric J. Belfi and Christine Fox and Associate David Saldamando are the authors of "District Courts Side with the SEC Regarding Proxy Advice Reform, but Fifth Circuit Review May Present Challenges," published in the October 2023 edition of The NAPPA Report. The article discusses District Court rulings upholding the SEC’s 2022 rescission of certain voting proxy restrictions enacted in 2020 and how the amendments may affect institutional investors. https://lnkd.in/gnYWhqhS #SEC #Securities #NAAPA