What Happened

On Tuesday, November 5, the Commission proposed new rules to enhance shareholder engagement in the corporate governance of public companies. The proposals would modernize SEC rules to increase transparency, improve disclosures of conflicts of interest, and increase confidence in the proxy process for voting in shareholder meetings.

Why It Matters

Shareholder engagement is a hallmark of our markets. Over the years, the Commission has heard a variety of concerns related to the proxy process, which facilitates shareholder voting, and suggestions to improve it.

Next Steps

Now, the public will have 60 days to comment. You can provide your feedback here and here.

Learn More

You can access materials, including the Chairman's and Commissioners’ statements, here.

For more in-depth reading, you can access the relevant press releases and proposed rules by clicking here and here.