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5th Circ. Says SEC Must Reconsider Axing Proxy Regulations

By Hailey Konnath ( June 26, 2024, 11:40 PM EDT) -- The Fifth Circuit on Wednesday vacated the U.S. Securities and Exchange Commission's decision to rescind a portion of Trump-era rules requiring proxy advisory firms to notify companies about their advice to investors, ruling that the agency didn't adequately explain the abrupt change....

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