Historical Shareholder Engagement Practices Put Under Microscope due to Mid-Proxy Season Guidance From SEC
Cooley special counsel Reid Hooper and Justin Kisner published an article in The Review of Securities & Commodities Regulation analyzing the US Securities and Exchange Commission’s mid-proxy season update to compliance and disclosure interpretations, which aimed to clarify when shareholder engagement might shift from Schedule 13G to Schedule 13D reporting. Hooper and Kisner evaluate responses to this updated guidance, market reactions and strategic adjustments for navigating the remainder of the 2025 proxy season and beyond.
This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction, and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may have been generated with the assistance of artificial intelligence (AI) in accordance with our AI Principles, may be considered Attorney Advertising and is subject to our legal notices.