In a broad reversal of course on proposed rules issued by the Securities and Exchange Commission (SEC) under the leadership of former SEC Chair Gary Gensler, on June 12, 2025, the SEC issued a notice withdrawing fourteen of the proposed rules. While most of the withdrawn proposals (thirteen of them) relate to investment management, and trading and markets matters, the SEC also withdrew its July 2022 rule proposal (the “rule proposal”) that had proposed amendments to certain substantive bases for excluding shareholder proposals…
Source: Capital Markets & Governance Insights – July 2025