SEC Rule 14a-8: Should the SEC Narrow the Grounds on Which Registered Issuers May Exclude Shareholder Proposals?
BY: Joseph Brav, RBFL Student Editor SEC Rule 14a-8[i] requires corporations to include eligible shareholders’ proposals in their proxy materials to be voted on at the next shareholder meeting. However, 14a-8 has various exceptions that corporations can rely on to exclude shareholder proposals. 14a-8’s most controversial exception is known as the “ordinary business exception,” which […]