W

SEC Proposes Rescission of Shareholder Proposal Rule and Reforms to Proxy Solicitation Process

Business Management
Share

The Securities and Exchange Commission today proposed to rescind Rule 14a-8 under the Securities Exchange Act of 1934, which exceeds the scope of the Commission's statutory authority and intrudes into matters of state law.The Commission outlined…


Source:SEC Press Releases

Disclaimer:Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

Solana bug reports now cost 1 SOL as AI floods security teams with spam

Researchers must now permanently burn 1 SOL for every submission after a monthlong contest drew 809 reports, with AI believed to have helped generate or write…

Bitcoin ETFs claw back $110M after $774M exit

US spot Bitcoin ETFs remained in the red for October, with about $202 million in net outflows for the month despite Monday’s rebound. Source:Cointelegraph

Ethereum fixes Glamsterdam bug that could have sent staking deposits to builders

Developers initially rejected the change before reversing course, as testing delays gave them more time to examine a flaw in Ethereum's upcoming Glamsterdam…

Zcash co-founder proposes ending grants funding, citing $125 million treasury

Sean Bowe’s proposal would send the committee’s 8% share of newly created ZEC to a reserve for future miners. The committee would keep the money it has already…

Source:https://www.sec.gov/newsroom/press-releases/2026-89-sec-proposes-rescission-shareholder-proposal-rule-reforms-proxy-solicitation-process