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ARTICLE · 16 MAY 2018

Corp Fin Updates CDIs For Proxy Rules And Proxy Statements

For quite a while, the CDIs related to the proxy rules and proxy statements have been a bit of a hodge-podge of different sources and supplements.

United StatesCorporate/Commercial Law

For quite a while, the CDIs related to the proxy rules and proxy statements have been a bit of a hodge-podge of different sources and supplements. There were even interpretations extant from the ancient Telephone Interpretations Manual—you may even have a mimeograph copy of that in your office somewhere. Now, Corp Fin has undertaken to update and harmonize some of those proxy-related interpretations, specifically the basic Interpretations Manual and its March 1999 Supplement. The rest of the supplements remain undisturbed for the moment; however, Corp Fin advises that it is in the process of updating them all.

Corp Fin advises that some of the updated CDIs reflect substantive changes and some only technical changes; the remainder reflect only non-substantive changes. Corp Fin identifies the following as CDIs with substantive changes:

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