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The SEC s long-awaited final rules governing voting advice provided by
proxy advisory firms such as Institutional Shareholders Service
(ISS) and Glass Lewis (the final rules ) became
effective on November 2, 2020. The final rules confirm that proxy
advice constitutes a solicitation under the federal proxy rules,
and provide proxy advisory firms with a conditioned exemption from
the filing and information requirements that would normally apply
to such solicitations. To secure the exemption, proxy advisory
firms must (i) provide disclosure of conflicts of interest and (ii)
adopt policies and procedures to inform public companies of the
US Supreme Court decision confirms tribal jurisdiction over FMC Submitted photo depicting an aerial view of the FMC Corporation, 2002.
FORT HALL, Idaho (KIFI) - The United States Supreme Court of the United States rejected FMC Corporation’s final appeal Monday to contest the jurisdiction of the Shoshone-Bannock Tribes to regulate storage of approximately 22 million tons of hazardous waste on the Fort Hall Reservation at the Eastern Michaud Superfund site west of Pocatello.
“The Tribes are very pleased that the Supreme Court of the United States did not find any merit to FMC’s appeal and that FMC is finally required to honor their agreement to comply with Tribal jurisdiction,” said Chairman Devon Boyer, of the Fort Hall Business Council.
How Companies Can Prepare for SEC Proxy Advisor Reform Tuesday, January 12, 2021
The SEC’s long-awaited final rules governing voting advice provided by proxy advisory firms such as Institutional Shareholders Service (ISS) and Glass Lewis (the “final rules”) became effective on November 2, 2020. The final rules confirm that proxy advice constitutes a solicitation under the federal proxy rules, and provide proxy advisory firms with a conditioned exemption from the filing and information requirements that would normally apply to such solicitations. To secure the exemption, proxy advisory firms must (i) provide disclosure of conflicts of interest and (ii) adopt policies and procedures to inform public companies of the firm’s proxy voting advice and notify the firm’s clients of public company responses to this advice. The final rules provide two safe harbors to satisfy these conditions as well as additional guidance on the applicability of the proxy rules’ anti-f
Issa’s complete thread is below:
The U.S. Constitution clearly states that it is the responsibility of the state legislatures not courts to direct the manner in which members of the Electoral College are selected.
In Pennsylvania, the State Supreme Court extended the ballot deadline in violation of state statute. In Arizona, the Federal District Court changed election registration deadlines in violation of state statute, letting tens of thousands of voters to inappropriately cast votes.
This occurred in California last year when I was forced to sue the Governor after he violated the U.S. Constitution by unilaterally changing election laws via executive order. We were successful, and the he and the CA Legislature then appropriately codified his executive order.