Manufacturers Sue SEC on Proxy Rule Rescission

Washington, D.C. – The National Association of Manufacturers filed a lawsuit in federal court today challenging the Securities and Exchange Commission’s rescission of critical components of its 2020 rule on proxy advisory firms. Following the submission, NAM Chief Legal Officer Linda Kelly released the following statement: “The SEC has failed to provide any substantive justification for its…

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Original source: https://www.nam.org/manufacturers-sue-sec-on-proxy-rule-rescission-18335/