legislation: 117-sjres-16
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
This data as json
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| 117-sjres-16 | 117 | sjres | 16 | A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to "Procedural Requirements and Resubmission Thresholds Under Exchange Act Rule 14a-8". | Finance and Financial Sector | 2021-03-25 | 2021-03-25 | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | Senate | Sen. Brown, Sherrod [D-OH] | OH | D | B000944 | 0 | This joint resolution nullifies the final rule issued by the Securities and Exchange Commission titled Procedural Requirements and Resubmission Thresholds Under Exchange Act Rule 14a-8 and published on November 4, 2020. The rule provides additional requirements for the inclusion of shareholder proposals in proxy statements, such as increasing the securities ownership requirements for submitting a proposal and increasing the level of support a proposal must receive to be eligible for resubmission at a future shareholder meeting. (Proxy statements must be filed by a publicly traded company and provided to shareholders before shareholder meetings. Proxy statements contain information regarding matters such as the election of directors and shareholder proposals.) | 2023-01-11T13:47:32Z |