SEC Issues Guidance on Conducting Shareholder Meetings Amid COVID-19 Concerns
March 16, 2020
The SEC staff has issued guidance to help issuers, shareholders, and other market participants affected by COVID-19 meet their obligations under the federal proxy rules. The staff guidance “provides regulatory flexibility to companies seeking to change the date and location of the meetings and use new technologies, such as ‘virtual’ shareholder meetings that avoid the need for in-person shareholder attendance, while at the same time ensuring that shareholders and other market participants are informed of any changes. “
For more information, see the press release on the SEC’s Web site.