On December 13, 2021, in this brief Announcement, the CorpFin staff stated they will return to the policy of issuing written responses to all shareholder no-action letter requests. The Division’s response letters will be posted on their website. In 2019, the Division implemented a policy of responding in writing only in limited instances and instead provided information in a chart on their webpage. The Division expects to publish a similar chart at the end of the proxy season.
The policy change to respond to all written no-action requests in writing is effective from December 13, 2021, the publication date of the notice.
As always, your thoughts and comments are welcome!