SEC Extends 14N Director-Nomination Reporting Rule
Published Date: 6/22/2026
Notice
Summary
The SEC is asking to keep collecting info from shareholders who want to nominate directors for company boards using Regulation 14N and Schedule 14N. This helps everyone understand who’s behind the nominations and their plans. It usually takes about 30 hours and costs around $6,000 per filing, with comments open until July 23, 2026.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Mandatory Schedule 14N Filing and Burden
If you are a shareholder who submits a nominee for a company director under state law or the company’s governing documents, you must file Schedule 14N with the SEC under Regulation 14N (17 CFR 240.14n-1 through 240.14n-3 and 17 CFR 240.14n-101). The SEC estimates each Schedule 14N response takes about 30 hours and imposes an estimated cost burden of $6,000 per filing.
Schedule 14N Public Disclosure Helps Voters
Schedule 14N filings are publicly available on the SEC’s EDGAR system and are intended to help shareholders make informed voting decisions by showing a nominating shareholder’s interest in the company, longevity of ownership, and intent about continued ownership.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-12163 — The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS
The SEC wants to scrap some old rules that stop stocks from being traded at worse prices and prevent confusing market quotes. This change affects stock traders and exchanges, aiming to simplify trading and possibly speed things up. If you want to share your thoughts, you’ve got until August 17, 2026, so don’t miss out!
2026-10373 — Registered Offering Reform
The SEC wants to make it easier and cheaper for more companies to sell their stocks and bonds to the public. They’re opening up special forms and benefits to more businesses, updating rules to be more modern, and cutting red tape by overriding some state rules. If you’re a company planning to raise money, these changes could speed things up and save you money, with feedback due by July 27, 2026.
2026-10222 — Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies
The SEC is making it easier for companies that report their finances by simplifying their categories into just two groups: big and small filers. Smaller companies, including emerging growth ones, will get more time to file reports and enjoy simpler rules, while big companies keep stricter standards. These changes aim to save time and money, with feedback open until July 20, 2026.
2026-07651 — Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources
The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!
2026-12412 — Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Delay the Implementation of SR-ISE-2026-04
Nasdaq ISE is hitting the pause button and pushing back some planned upgrades to their electronic FLEX trading until December 20, 2027. This delay affects traders and firms using FLEX options, giving them more time to prepare for the new changes. No extra costs are mentioned, just a bit more breathing room before the new rules kick in.
2026-12403 — Self-Regulatory Organizations; 24X National Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Exchange's Rules To Enable the Trading of Securities on the Exchange in Tokenized Form During the Pendency of a Pilot Program To be Operated by the Depository Trust Company
24X National Exchange is updating its rules to let people trade securities as digital tokens during a special pilot program run by the Depository Trust Company. This change affects traders and investors by making tokenized securities officially tradable on 24X starting now. It’s a big step toward modernizing trading with no immediate cost impact but lots of future potential.
Previous / Next Documents
Previous: 2026-12452 — Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension: Rule 3a-8 Under the Investment Company Act of 1940
The SEC is asking to keep a rule that helps certain research and development companies avoid being labeled as investment companies, as long as their boards keep proper records and follow investment rules. This rule is optional and doesn’t cost companies extra money or require filing reports. It mainly affects R&D companies and keeps things clear and fair without adding paperwork headaches.
Next: 2026-12454 — New Postal Products
The Postal Service wants to add or change some special mail deals that compete with other delivery options. This affects businesses and customers who use these competitive services, and the Postal Regulatory Commission is asking for public feedback before making decisions. Keep an eye out soon—these changes could impact how some mail products work and possibly their prices.