Rule 14f-1 - Change in Majority of Directors

6/10/25, 1:24 PM

eCFR :: 17 CFR 240.14f-1 -- Change in majority of directors.

This content is from the eCFR and is authoritative but unofficial.

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Displaying title 17, up to date as of 6/06/2025. Title 17 was last amended 4/22/2025.

Title 17 —Commodity and Securities Exchanges
Chapter II —Securities and Exchange Commission
Part 240 —General Rules and Regulations, Securities Exchange Act of 1934
Subpart A —Rules and Regulations Under the Securities Exchange Act of 1934
Regulation 14E
EDITORIAL NOTE ON PART 240

Editorial Note:

Nomenclature changes to part 240 appear at 57 FR 36501, Aug. 13, 1992, and 57 FR 47409, Oct. 16, 1992.

§ 240.14f-1 Change in majority of directors.
If, pursuant to any arrangement or understanding with the person or persons acquiring securities in a transaction subject to section
13(d) or 14(d) of the Act, any persons are to be elected or designated as directors of the issuer, otherwise than at a meeting of
security holders, and the persons so elected or designated will constitute a majority of the directors of the issuer, then, not less than
10 days prior to the date any such person take office as a director, or such shorter period prior to that date as the Commission may
authorize upon a showing of good cause therefor, the issuer shall file with the Commission and transmit to all holders of record of
securities of the issuer who would be entitled to vote at a meeting for election of directors, information substantially equivalent to the
information which would be required by Items 6 (a), (d) and (e), 7 and 8 of Schedule 14A of Regulation 14A (§ 240.14a-101 of this
chapter) to be transmitted if such person or persons were nominees for election as directors at a meeting of such security holders.
Eight copies of such information shall be filed with the Commission.

[33 FR 11017, Aug. 2, 1968, as amended at 34 FR 6101, Apr. 4, 1969; 51 FR 42072, Nov. 20, 1986]

https://www.ecfr.gov/current/title-17/chapter-II/part-240/subpart-A/subject-group-ECFR465b90927e2fdb3/section-240.14f-1

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