Recently updated guidance from the SEC staff regarding the agency’s beneficial ownership reporting rules has had a significant impact on companies' interactions with major shareholders, making some shareholders cautious about initiating discussions on corporate policies with a company's management. Brian Breheny, Raquel Fox, Joshua Shainess and Kyle Wiley discuss how companies need to adapt their approaches to engagement to respond to changes from institutional shareholders.
Making Sure Newly Cautious Shareholders Get the Information They Want
The Corporate & Securities Law Advisor