Extension sought by Josh Zinner of ICCR for SEC comment period on potentially explosive rulemakings of critical importance to all shareholders. Shareholders would do well to follow his lead by joining him in requesting a 120 day comment period for these complex rules.
Extension Sought by ICCR to Extend Comment Period
Dear Chairman Clayton,
I write to request an extension of the comment period regarding 1) Procedural Requirements and Resubmission Thresholds under Exchange Act Rule 14a-8 and 2) S7-22-19: Amendments to Exemptions from the Proxy Rules for Proxy Voting Advice from 60 days to 120 days.
Given the complexity of the combined 320 pages of proposed changes, and the potential magnitude of such changes to an effective process that has been in place for decades, the 60 day comment period is far too short. This short window is particularly difficult given the coming holiday season. For these reasons, we respectfully request an extension of the comment period to 120 days.
Interfaith Center on Corporate Responsibility
Update: CII also requested a 120 day comment period and many have co-filed with them.