“No Action” Legacy Continues

https://www.sec.gov/rules-regulations/shareholder-proposals/shareholder-proposals-incoming

https://www.sec.gov/files/corpfin/no-action/14a-8/specialtpl71224-14a8.pdf

https://www.sec.gov/files/corpfin/no-action/14a-8/belltpl71224-14a8.pdf

It’s that time of year again. Company is petitioning the SEC to take “no action” on two proposals this year.

The Goldstein proposal affirms my belief that there remains a large contingent of shareholders (self included) that remain steadfastly opposed to equity issuance.