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Fifth Circuit vacates SEC rescission of “notice-and-awareness” provisions in proxy advisor rules – Cooley PubCo
https://cooleypubco.com/2024/06/28/fifth-circuit-vacates-rescission-proxy-advisor-rules/
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Is it ok for an agency to change its mind? Well that depends. If the agency was “arbitrary and capricious” in failing to provide an adequate explanation to justify its change, a court may well vaca…
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