Welcome to the latest edition of Fenwick’s Securities Law Update. This issue contains updates and important reminders on the following topics:
- Reporting season considerations for upcoming Form 10-K and Form S-8 filings
- The SEC Division of Corporation Finance announcing streamlined Rule 14a-8 process for 2025–2026 proxy season
- The SEC voluntarily dismissing its lawsuit against SolarWinds Corporation and the company’s chief information security officer over allegations that they misled investors about cybersecurity vulnerabilities leading up to the 2020 “Sunburst” breach
- SEC Chair Paul Atkins discussing his regulatory priorities, including disclosure reform, de-politicizing annual meetings, securities litigation reform, and Project Crypto
- The United States of Court of Appeals for the Ninth Circuit issuing an order temporarily staying part of California’s climate risk disclosure law
- Institutional Shareholder Services publishing its 2026 Benchmark Policy Updates and Glass Lewis publishing its 2026 Benchmark Policy Guidelines