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Proxy Solicitation Modernization

Proposed rule · Federal Register document 2026-19259

Published
09/21/2026
Comments due
11/20/2026
22 days left
Effective
09/21/2026
Pages
50

Summary

Proposed rule.

The Securities and Exchange Commission ("Commission") is proposing amendments to modernize certain rules related to proxy solicitations. The proposed amendments would, among other things, eliminate the requirement that registrants deliver an annual report to security holders, eliminate the delivery deadline when documents are incorporated by reference into a proxy statement, eliminate the requirement to file soliciting material regarding certain exempt solicitations, and shorten the minimum broker search period for proxy solicitations. The proposed amendments are intended to update our rules to account for developments since their adoption or last amendment and to simplify compliance for registrants.

Read the official textPDF on GovInfoHow to comment

Details

Type
Proposed rule
Docket
Release Nos. 33-11439; 34-106385; 39-2566; File No. S7-2026-33
Regulation ID (RIN)
3235-AN63
CFR parts
17 CFR 200, 17 CFR 229, 17 CFR 230, 17 CFR 232, 17 CFR 239, 17 CFR 240, 17 CFR 249, 17 CFR 260
Topics
Administrative practice and procedure, Authority delegations (Government agencies), Brokers, Electronic filing, Securities, Trusts and trustees

This page summarizes a Federal Register document. Only the official Federal Register text has legal effect. Comment deadlines can be extended or reopened by a later notice.

Source: Office of the Federal Register, via the Federal Register API · Last updated 09/21/2026