SEC Drops Appeal On Proxy Voting; Separate Appeal Continues From Advocacy Group

( September 11, 2024, 10:08 AM EDT) -- WASHINGTON, D.C. — The District of Columbia Circuit U.S. Court of Appeals granted the Securities and Exchange Commission’s motion to voluntarily dismiss its appeal of a federal judge’s ruling that the SEC acted in excess of its authority when it issued rule changes redefining proxy voting advice as a type of “solicitation”; an appeal of the order filed by an advocacy group will continue....