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SEC Rescinds Certain Proxy Advisory Firm Rules Adopted in 2020 (7/13/22) 

03-09-2023 15:45

The SEC held an Open Meeting this morning and took two actions: (1) it issued a final rule regarding proxy advisory firms (PAF), and (2) it issued a proposed rule on shareholder proposals (Rule 14a-8). Both were approved on 3-2 party line votes, with the Democratic Commissioners voting yes and the Republican Commissioners voting no.

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