14a-8 Proxy Access Report
By: MyLogIQ
June 15, 2018
Public companies may ask the Securities and Exchange Commission (SEC) for permission to omit shareholder proposals from their proxy votes through a no- action letter request under Rule 14a-8. This CompanyIQ® report analyzes shareholder proxy access proposals and the SEC’s no-action rulings from January 1, 2018 through June 15, 2018.
- 50% of company no-action requests on proxy access proposals were approved.
- 35% were disapproved meaning that the proposals had to appear on the affected companies’ proxies.
- The remaining 15% were either provisionally disapproved or withdrawn.
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