Emory Burns

Emory Burns

Cadwalader, Wickersham & Taft LLP

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D.C. Circuit Gives Proxy Advisory Firms a Pass

Appellate Court Holds That Firms’ Voting Recommendations Are Not “Solicitations” Under Section 14(a) of the Securities Exchange Act of 1934- On July 1, 2025, the U.S. Court of Appeals for the D.C. Circuit issued an...more

9/10/2025  /  Chevron Deference , Institutional Shareholder Services (ISS) , Loper Bright Enterprises v Raimondo , Proxy Advisory Firms , Proxy Voting , Regulatory Authority , Rulemaking Process , Securities and Exchange Commission (SEC) , Securities Exchange Act of 1934 , Statutory Interpretation
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