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, 28 Sep 2026 15:45:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.11 https://corpgov.law.harvard.edu/wp-content/uploads/2024/02/cropped-photography-4-e1706898544564-1-32x32.png SEC Proposes to Modernize Proxy Solicitation Rules – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 SEC Proposes to Modernize Proxy Solicitation Rules https://corpgov.law.harvard.edu/2026/09/28/sec-proposes-to-modernize-proxy-solicitation-rules/?utm_source=rss&utm_medium=rss&utm_campaign=sec-proposes-to-modernize-proxy-solicitation-rules https://corpgov.law.harvard.edu/2026/09/28/sec-proposes-to-modernize-proxy-solicitation-rules/#respond Mon, 28 Sep 2026 11:30:02 +0000 https://corpgov.law.harvard.edu/?p=184029?d=20260928114530EDT Posted by Sebastian Alsheimer, J.T. Ho, and Julie Rong, Cleary Gottlieb Steen & Hamilton LLP, on Monday, September 28, 2026
Editor's Note:

Sebastian Alsheimer is a Partner and Head of the Shareholder Engagement and Activism Defense Practice, J.T. Ho is a Partner, and Julie Rong is an Associate at Cleary Gottlieb Steen & Hamilton LLP. This post is based on a Cleary Gottlieb memorandum by Mr. Alsheimer, Mr. Ho, Ms. Rong, Francesca Odell, Lillian Tsu, and Shuangjun Wang, all at Cleary Gottlieb.

On September 16, 2026, the SEC proposed a package of amendments intended to modernize the federal proxy solicitation rules. The proposal targets several paper-era or otherwise outdated requirements whose original rationale has largely been displaced by EDGAR, electronic communication and other changes in market practice, and would simplify annual meeting and proxy production and create flexibility in transaction and meeting calendars. As Commissioner Mark Uyeda stated, “Eliminating duplicative or outdated requirements reduces unnecessary compliance costs for issuers and intermediaries.”

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