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David Blass Quoted in Ignites on SEC Suit Over Proxy Advisor Rule Suspension
10.15.21
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Partner David Blass was quoted in an article published by Ignites titled, “SEC Sued for Halting Proxy Advisor Rule.” The article outlined recent litigation filed by the National Association of Manufacturers and Natural Gas Services Group against the U.S. Securities and Exchange Commission over its decision to suspend a rule to regulate proxy advisory firms, which was finalized in July of 2020. David highlighted that the SEC’s suspension of the rule was “highly unusual” and that the litigation would likely be supported by several companies and business organizations. He also noted that the SEC may already be considering a notice to address the rule and any additional delay or suspension.
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