{"id":"SEC-13-GM-029","kind":"meeting","level":"organizer","jurisdiction":"every State (headquarters, branches, hotels), ALL","state":"","metro":"","industry":"13","agency":"","eco":"","issuer":"each institution\u0027s board, under the OCC\u0027s rules (12 C.F.R. §§ 5.22, 7.2001), State corporation and banking law and the federal proxy rules","authority":"","instrument":"SEC Division of Corporation Finance and Division of Investment Management, Staff Guidance for Conducting Shareholder Meetings in Light of COVID-19 Concerns (Mar. 13, 2020; updated Apr. 7, 2020) (same instrument as Ex. AGY-FED-FINANCIAL-053)","title":"Annual and special meetings of shareholders of national banks, federal savings associations, State banks and bank holding companies (class)","dateIssued":"2020-04-07","effective":"","end":"","startDate":"2020-04-07","endDate":"","quarters":["2020Q2"],"types":[],"addressees":[],"clause":"\u0027The OCC recognizes the recent coronavirus disease 2019 (COVID-19) emergency. Health and safety advisories declared in response to the COVID-19 emergency\u0027 made in-person meetings infeasible (Ex. SEC-13-GM-026); \u0027health, transportation, and other logistical issues raised by the spread of coronavirus disease 2019 (COVID-19)\u0027 (Ex. SEC-13-GM-029)","enforcement":"","functions":["OP","CB","MK"],"notes":"2020: OCC interim final rule, Director, Shareholder, and Member Meetings, 85 Fed. Reg. 31943 (May 28, 2020), effective on publication, to \u0027permit telephonic and electronic\u0027 participation and \u0027enable national banks and Federal savings associations to conduct necessary meetings remotely during the COVID-19 emergency as well as during any other future emergency when in-person meetings may not be feasible\u0027 (Exs. SEC-13-GM-026, -027); OCC Bulletin 2020-51 (May 12, 2020) (Ex. AGY-FED-FINANCIAL-019); SEC staff guidance of Mar. 13, 2020, updated Apr. 7, 2020, on changing \u0027the Date, Time, or Location of a Shareholder Meeting\u0027 and holding \u0027virtual\u0027 or \u0027hybrid\u0027 meetings \u0027in light of health, transportation, and other logistical issues raised by the spread of coronavirus disease 2019 (COVID-19)\u0027 (Ex. SEC-13-GM-029); State emergency orders suspending in-person meeting requirements (e.g., New York EO 202.8, Mar. 20, 2020, Ex. SEC-13-046). 2021: The OCC rule \u0027permanently amends OCC rules about telephonic or electronic participation\u0027 (Ex. SEC-13-GM-027); the SEC guidance remained in effect through 2021 (updated Jan. 19, 2022). Usual dates: Annual, chiefly April-June. Scale: 4,951 FDIC-insured institutions at June 30, 2021. Venue orders 2020: NY-005, CA-002, IL-005, TX-008, FL-010, DC-006, PA-005, MI-011, MA-032. Venue orders 2021: DC-016, IL-079, CA-017, MET-NYC-017, MET-SFO-011.","sourceUrl":"https://www.sec.gov/ocr/staff-guidance-conducting-annual-meetings-light-covid-19-concerns","snapshot":"","fileExists":true,"fileBytes":98576,"grade":"primary","character":"","description":"SEC Division of Corporation Finance and Division of Investment Management, Staff Guidance for Conducting Shareholder Meetings in Light of COVID-19 Concerns (Mar. 13, 2020; updated Apr. 7, 2020) (same instrument as Ex. AGY-FED-FINANCIAL-053)","collection":"SEC-13","url":"/library/SEC-13-GM-029","exhibitUrl":"/exhibit/SEC-13-GM-029","citation":"each institution\u0027s board, under the OCC\u0027s rules (12 C.F.R. §§ 5.22, 7.2001), State corporation and banking law and the federal proxy rules, SEC Division of Corporation Finance and Division of Investment Management, Staff Guidance for Conducting Shareholder Meetings in Light of COVID-19 Concerns (Mar. 13, 2020; updated Apr. 7, 2020) (same instrument as Ex. AGY-FED-FINANCIAL-053) (Ex. SEC-13-GM-029)","stateName":"","related":["SEC-13-GM-026","AGY-FED-FINANCIAL-019","SEC-13-046","SEC-13-GM-027","NY-005","CA-002","IL-005","TX-008","FL-010","DC-006","PA-005","MI-011"]}