Skadden Discusses Major Changes to Federal Proxy Rules

The CLS Blue Sky Blog

Raquel Fox Marc S. Gerber Elizabeth R. Gonzalez-Sussman Kevin T. Hardy Sydney E. Jenkins

On September 16, 2026, the SEC proposed amendments to the federal proxy rules, including rescinding Rule 14a-8 governing shareholder proposals in company proxy materials, expanding company discretionary voting authority over floor proposals and modernizing various other proxy rules. Companies should be prepared for these topics to be raised by investors in the course of company-investor engagement over the coming months and into 2027.

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