The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu The leading online blog in the fields of corporate governance and financial regulation. Mon, 03 Aug 2026 11:32:22 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.8 https://corpgov.law.harvard.edu/wp-content/uploads/2024/02/cropped-photography-4-e1706898544564-1-32x32.png Petition on SEC Rule 14a-8 Reform – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 Petition on SEC Rule 14a-8 Reform https://corpgov.law.harvard.edu/2026/08/02/petition-on-sec-rule-14a-8-reform/?utm_source=rss&utm_medium=rss&utm_campaign=petition-on-sec-rule-14a-8-reform https://corpgov.law.harvard.edu/2026/08/02/petition-on-sec-rule-14a-8-reform/#respond Sun, 02 Aug 2026 11:30:42 +0000 https://corpgov.law.harvard.edu/?p=182942?d=20260731173236EDT Posted by Sanford Lewis, Shareholder Rights Group, on Sunday, August 2, 2026
Editor's Note:

Sanford Lewis is the Director at Shareholder Rights Group. This post is a based on a Shareholder Rights Group rulemaking petition by Mr. Lewis, Steven Rothstein, Dave Wallack, Josh Zinner, Thomas DiNapoli, and Bryan McGannon.

I. Introduction

The undersigned submit the following pursuant to 17 CFR § 201.192(a) (Rule 192(a) of the Commission’s Rules of Practice) and Section 553 of the Administrative Procedure Act.

Petitioners request that the Commission, in any rulemaking to amend Rule 14a-8 under the Securities Exchange Act of 1934 (“the Rule”), largely retain the Rule, which has, over the course of many decades established and refined a balance among issuers, proponents, and the voting shareholders whose capital is at stake.

The petition addresses both the no-action process as well as the underlying exclusion and procedural rules. We urge that both be retained and staff review be restored effective immediately.

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