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Tag: PROXY

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SEC Steps Back on Shareholder Proposals

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For decades, companies have relied on Rule 14a-8 as a stabilizing force in an otherwise unpredictable part of the proxy season, allowing companies to seek informal guidance on excluding shareholder proposals. The Securities and Exchange Com...

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In Move Against Activist Investors, Exxon Opens Up Auto Voting

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For retail investors, proxy season offers an opportunity to let the C-suite know how they feel about the direction of a company. Mom and pop probably aren’t getting a private audience with the CEO or the board of directors any time soon, bu...

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SEC’s Abrupt Change of Course on Proposals Shakes Up Proxy Season

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Investors’ favorite time of year, proxy season, is right around the corner. New guidance from the Securities and Exchange Commission has added a wrinkle to this year’s festivities, though. This month, a bulletin from the SEC Division of Cor...

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Southwest Airlines Makes Concessions to Thwart Proxy War

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Southwest Airlines has long cherished its reputation for doing air travel differently than other major characters. Among its most famous quirks, Southwest has been known for its open-seating policy. Loved by some travelers and reviled by ot...

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Deere Looks to Nix DEI-Related Shareholder Proposals

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This past summer, Deere & Co., the manufacturer of John Deere lawnmowers, became a poster child for the backlash against corporate DEI programs, ditching its efforts in the face of a public pressure campaign. The company is now trying t...

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