SEC Staff Provides Guidance For Conducting Annual Meetings in Light of COVID-19
Date: 03/17/20
On March 13, 2020, the staff of the Division of Corporation Finance and the Division of Investment Management (the “Staff”) of the Securities and Exchange Commission (the “SEC”) issued guidance in response to questions from issuers and shareholders regarding compliance with the federal proxy rules for upcoming annual meetings. In light of the public health and safety concerns surrounding the on-going, widespread outbreak of coronavirus disease 2019 (“COVID-19”), the Staff’s guidance discusses (i) changing the date, time or location of annual meetings, (ii) holding virtual meetings, and (iii) presentation of shareholder proposals.
SEC Staff Provides Guidance For Conducting Annual Meetings in Light of COVID-19.pdf (pdf | 75.18 KB )