News & Analysis as of

Securities Regulation State and Local Government Corporate Governance

Schwabe, Williamson & Wyatt PC

Public Notice Issued on ANC Proxy Regulation Changes

On July 23, 2025, the Alaska Department of Commerce, Community, and Economic Development issued public notice of proposed changes to the Division of Banking & Securities’ (the “Division”) proxy regulations governing Alaska...more

Paul Hastings LLP

Regulating Proxy Advisors: Court Rules Advice Is Not a ‘Solicitation’ and Texas Enacts Its Own Law

Paul Hastings LLP on

On July 1, 2025, the U.S. Court of Appeals for the District of Columbia Circuit ended more than five years of uncertainty and confusion by ruling that proxy voting advice issued by proxy advisors is not a “solicitation” under...more

Jones Day

It's Confirmed: 2020 Proxy Advisor Regulations Exceed the SEC's Authority

Jones Day on

On July 1, 2025, a federal court of appeals held that the SEC's regulation of proxy advice exceeded its authority and the SEC's 2020 proxy advisor regulations are not valid. The court closely tracks the district court's...more

Bass, Berry & Sims PLC

SEC Pauses Defense of Climate Disclosure Rules

Bass, Berry & Sims PLC on

On February 11, Securities and Exchange Commission (SEC) Acting Chairman Mark Uyeda asked the Eighth Circuit not to schedule oral arguments for the SEC’s climate disclosure rules, which were adopted in March 2024, and soon...more

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