SEC Staff to Host Nov. 15 Roundtable on the Proxy Process

The Securities and Exchange Commission today announced that its staff will host a roundtable on Nov. 15 to hear investor, issuer, and other market participant views about the proxy process and rules.

The proxy process is central to investors’ participation in corporate governance at U.S. public companies.  The roundtable will focus on key aspects of the U.S. proxy system, including proxy voting mechanics and technology, the shareholder proposal process, and the role and regulation of proxy advisory firms.  Chairman Jay Clayton previously announced that the staff would hold a roundtable on the proxy process in light of changes in the marketplace since the Commission issued a 2010 concept release soliciting feedback on the proxy system. 

The roundtable will be held at the SEC’s headquarters at 100 F Street, NE, Washington, DC, and will be open to the public and webcast live on the SEC’s website.  Further details on the agenda and participants will be forthcoming.

Members of the public who wish to provide their views on the proxy process and related SEC rules, either in advance of or after the roundtable, may submit comments electronically or on paper.  Please submit comments using one method only.  Information that is submitted will become part of the public record of the roundtable and posted on the SEC’s website.  All comments received will be posted without change.  Persons submitting comments are cautioned that we do not redact or edit personal identifying information from comment submissions.  You should submit only information that you wish to make publicly available.

Paper Comments:

Send paper comments to Brent J. Fields, Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549-1090. 

All submissions should refer to File Number 4-725, and the file number should be included on the subject line if email is used.