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Tag: PROXY SEASON

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Return to Sender: The DOJ Withdraws a Decades-Old Letter to a Proxy Advisor

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For nearly four decades, Institutional Shareholder Services (ISS) held a piece of paper most public companies would envy: a 1987 business review letter from the U.S. Department of Justice saying the government had no plans to challenge its...

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Look, No Hands: The 2026 Proxy Season After the SEC’s No-Action Pullback

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When the 2026 proxy season opened, corporate secretaries braced for the usual scramble over which shareholder proposals had to appear on the ballot and which could be left off. What most of them no longer had was the referee they had leaned...

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Five Takeaways from the SEC’s (Newly Annual) Regulatory Agenda, and What it Says About the Commission’s Priorities

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For decades, federal agencies have, with few exceptions, published the Unified Agenda twice each year: a list of every rule they plan to propose or finalize in the months ahead. It rarely makes headlines, but for anyone building out a discl...

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Five Takeaways From the 2025 Proxy Season

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With the 2025 proxy season mostly in the rearview mirror, several themes have emerged from the resolution of this year’s shareholder proposals. If 2024 was marked by rising pressure on companies from activist shareholders, 2025 has been mor...

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2022 Proxy Season in Review: More Shareholder Proposals, Less Support

Organized shareholder proposals and paper files.

Legendary UCLA basketball coach John Wooden had a famous saying that summed up his approach to management: “Don’t mistake activity for achievement.” Doing something doesn’t necessarily mean anything was accomplished, in other words. Followi...

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