SEC Withdraws 14 Rule Proposals
On June 12, 2025, the SEC withdrew fourteen (14) rule proposals, backtracking many Biden-era regulations including several in the environmental, social and governance (ESG) arena. This move clears the slate for what should be a very different spring regulatory agenda, expected to be published in early July. Each of these rules were discussed to some extent in my last Regulatory Agenda update – which can be reviewed here – HERE.
Withdrawn Rule Proposals
Shareholder Proposals – Rule 14a-8
The SEC has withdrawn certain proposed amendments Exchange Act Rule 14a-8. The withdrawn rule proposal was first published in July 2022. Rule 14a-8 allows a qualifying shareholder to submit proposals that, subject to substantive and procedural requirements, must be included in the company’s proxy materials for annual and special meetings, and provides a method for companies to either accept or attempt to exclude such proposals. The rule has been subject to many changes, including via updated Staff Legal Bulletins, over the