2025 Proxy Season Update
Cooley special counsel Reid Hooper and Michael Mencher spoke on an episode of the “Timely Takes” podcast to discuss the influence the US Securities and Exchange Commission’s Staff Legal Bulletin 14M (SLB 14M) has on current and future proxy seasons, shareholder proposal hot topics, the impact of Regulations 13D and 13G compliance and disclosure interpretations (C&DIs) on proxy season engagement, an overview of Rule 14a-8 no-action letter results, trends in no-action submissions and arguments, and the outlook for the 2026 proxy season after a full year of SLB 14M.
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