In July 2020, the SEC released a new set of proxy solicitation rules designed to improve the accuracy, transparency and effectiveness of the proxy voting system. The new rules will benefit corporate issuers in a number of ways—most notably giving companies a chance to respond to proxy advisory recommendations.
In this episode, David Berger, partner at Wilson Sonsini Goodrich & Rosati, reviews the new rules and provides guidance for boards:
What changes are included in the new rules that impact proxy advisors?
In what ways can boards and companies benefit from the new proxy rules?
How will these changes improve the effectiveness of the U.S. Proxy Voting System?
Sammy Dalrymple
sdalrymple@wsgr.comDavid is an expert in and leader of the corporate governance and shareholder activism practices.