US SEC plans to void 1942 rule for companies’ inclusion of shareholder proposals
By Neil Roland ( September 16, 2026, 21:07 GMT | Insight) -- The US Securities and Exchange Commission proposed to abolish a 1942 rule that addresses when companies must include shareholder proposals in their proxy materials, intending to leave those determinations to state law and company governing documents. The 84-year-old rule “has been co-opted to advance the agendas of various political interests — acting without any fiduciary duty to a corporation or its shareholders — at the expense of the millions of investors that directly and indirectly own public companies,” Republican Commissioner Mark Uyeda said.The US Securities and Exchange Commission proposed to abolish a 1942 rule that addresses when companies must include shareholder proposals in their proxy materials, intending to leave those determinations to state law and company governing documents....
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