Proxy season 2026: What to expect from rule 14a-8 changes

Governance experts share their predictions for the upcoming proxy season following the SEC’s pullback around shareholder proposals

 

Among the tumult of 2025 was a November announcement from the SEC stating that it would reduce oversight of shareholder proposal disputes. Blaming ‘current resource and timing considerations following the lengthy government shutdown,’ the regulator said that it would end ‘substantial’ reviews of no-action requests under rule 14a-8, with the change applying to the proxy season running from October 2025 to September 2026 – as well as anything it hadn’t got to before the decision was made. You can read more about the SEC’s decision here.

As we kick off 2026, we hear from governance experts on how they think the regulator’s step back will affect the proxy season going forward.

SEC releases decisions on DEI proposals under new 14a-8 guidance

Enjoy access to this and more – for free!

Log in or create your free My IR – Essentials account to:

  • Get access to 3 free IR deep dives
  • More than 100 pieces of insight, plus our exclusive CFO interviews
  • Save favorites and get personalized content on your dashboard
  • Enjoy 10% off all IR forums

Upcoming events

  • Awards – US
    Wednesday, March 25, 2026

    Awards – US

    About the event The IR Impact Awards – US will take place on Wednesday, March 25, 2026 in New York. This very special event honors excellence in the investor relations profession across the US. WHEN WHERE Cipriani 25 Broadway, New York Celebrating IR excellence Since the annual event first launched…

    New York, US
  • Think Tank – East Coast
    Wednesday, March 25, 2026

    Think Tank – East Coast

    Our unique format – Exclusively for in-house IRO’s The IR Think Tank, brought to you by BofA Securities & IR Impact will take place on Wednesday, March 25 in New York and is exclusively for senior IR officers. A combination of BofA’s Investor Relations Insights Conference and IR Impact’s IR Think Tank –…

    New York. US
  • Awards – Canada
    Thursday, April 2, 2026

    Awards – Canada

    About the event The IR Impact Awards – Canada will take place on Thursday, April 2, 2026 in Toronto. This very special event will honor excellence in the investor relations profession across Canada. WHEN WHERE Fairmont Royal York, Toronto Celebrating IR excellence Since the annual event first launched in 1996,…

    Toronto, Canada

Explore

Andy White, Freelance WordPress Developer London