SEC Decision to Permanently Abandon No-Action Process Leaves Companies and Shareholders in Uncharted Waters

The SEC’s announcement that its Division of Corporation Finance will permanently end its process for deciding no-action request challenges under Rule 14a-8, leaves both companies and investors in uncharted waters.

Shareholder RightsGuest UserAugust 19, 2026SEC, shareholder rights, shareholder democracy

As You Sow Files Lawsuit Challenging Chubb’s Refusal to Put Shareholder Proposal Addressing Climate-Driven Insurance Crisis on Company Proxy

As You Sow, the nation’s leading shareholder representative, today filed a federal lawsuit in the U.S. District Court for the District of Columbia against global insurance giant Chubb Limited, challenging the company’s decision to exclude a shareholder proposal from its 2026 proxy materials.

SEC Bars Use of Exempt Solicitations for Most Shareholders

The SEC’s recent guidance reversing its long-standing position allowing Notices of Exempt Solicitation for smaller shareholders represents a significant setback for shareholder democracy and informed capital markets.