Business & Commerce

Agency Information Collection Activities; Extension: Regulation 14C

🇺🇸United States··Notice·Medium Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

This notice informs that the SEC seeks public comments on continuing to collect information required by Regulation 14C. It aims to ensure companies provide essential information to security holders without proxy solicitation. Businesses will need to review compliance and consider resource impacts, internally and through external professional help.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • SEC seeks comments on Regulation 14C information collection
  • Aims to ensure non-soliciting issuers provide crucial information
  • Involves internal and external compliance resource assessment

Obligations

What this law requires

high

Issuers that do not solicit proxies or consents must disseminate information statements in compliance with Regulation 14C (17 CFR 240.14c-1 through 14c-7) and Schedule 14C (17 CFR 240.14c-101)

Issuers/public companies that do not solicit proxies or consents
disclosure
high

Issuers must provide all relevant security holders with material information as prescribed under the proxy rules when not soliciting proxies or consents

Issuers/public companies that do not solicit proxies or consents
disclosure
high

Issuers must file Schedule 14C annually containing required information statement content and dissemination details

Issuers/public companies that do not solicit proxies or consents
reporting
low

Respondents must submit written comments on the information collection notice to PaperworkReductionAct@sec.gov by June 12, 2026, if they wish to provide feedback during the 60-day comment period

Any interested parties wishing to comment on the proposed information collection
operational
medium

No person may be required to respond to the information collection unless it displays a currently valid OMB control number (OMB Control No. 3235-0057)

SEC and all respondents subject to Regulation 14C information collection requirements
operational

Affected Parties

Public companiesSecurity holders

Tags

SEC,information collection,compliance