Seward & Kissel is reminding its clients about the SEC’s new proxy vote reporting requirements that are applicable to certain institutional investment managers. The Form N‑PX filing deadline is August 31, 2024.
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New Rule 14Ad-1 under the Exchange Act – which became effective on July 1, 2024 – requires institutional investment managers subject to the reporting requirements of Section 13(f) of the Exchange Act (known as “13F filers”) to annually report on Form N-PX how they voted proxies relating to executive compensation (or “say-on-pay”) matters.
13F filers are required to file Form N-PX with the SEC by August 31, 2024.
Seward & Kissel previously published a memorandum (available at the link below) that summarizes the Form N-PX requirements and discusses key considerations.
