SEC's Stance On No-Action Letters Raises Uncertainty
By Tom Zanki ( September 12, 2019, 9:03 PM EDT) -- The U.S. Securities and Exchange Commission's policy that it may respond orally to no-action requests from companies seeking to exclude shareholder proposals from proxy statements — or decline to take a view — is creating widespread confusion, with some arguing it could hurt shareholders and others predicting a lack of precedent to guide companies....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.