Tag: Rule 14a-8 shareholder proposals

Commissioner Roisman defends proxy proposals

The SEC’s recent proxy proposals—both the proposal related to proxy advisory firms (see this PubCo post) and the proposal related to Rule 14a-8 shareholder proposals (see this PubCo post)—have been hit hard by the critics. Even the SEC’s own Investor Advisory Committee piled on, ultimately recommending that the SEC consider a do-over. (See this PubCo post.)  To the defense comes SEC Commissioner Elad Roisman, who has been honchoing these proposals at the SEC.