New Guidance from Division of Corporation Finance
Morrison & Foerster’s Dave Lynn and Marty Dunn provide a brief update about new guidance released from the Staff of the Division of Corporation Finance of the Securities and Exchange Commission. The guidance, published under Staff Legal Bulletin No. 14K, is part of an ongoing effort to provide companies and shareholders with information regarding Rule 14a-8 under the Securities Exchange Act of 1934. Dave and Marty provide information about the ordinary business exemption and proof of ownership letters.