SEC Proposes to Modernize Proxy Solicitation Rules

On September 16, 2026, the SEC proposed a package of amendments intended to modernize the federal proxy solicitation rules.

The proposal targets several paper-era or otherwise outdated requirements whose original rationale has largely been displaced by EDGAR, electronic communication and other changes in market practice, and would simplify annual meeting and proxy production and create flexibility in transaction and meeting calendars. As Commissioner Mark Uyeda stated, “Eliminating duplicative or outdated requirements reduces unnecessary compliance costs for issuers and intermediaries.”

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