SEC Proxy Rules, Florida Dual Enrollment, and a Drug Scheduling Move

The SEC proposed rescinding the rule that federally governs shareholder proposals, shifting those decisions to state law and company governing documents. Florida proposed dual enrollment eligibility changes incorporating language from HB 1279 (2026), and the Justice Department placed diphenidine into Schedule I of the Controlled Substances Act. The collection day added 125 items, with three states and the federal government accounting for all of them.

Why it matters: Companies whose shareholder proposals are currently governed by Rule 14a-8, Florida institutions affected by dual enrollment eligibility, and persons who manufacture, distribute, import, export, research, or possess diphenidine each have new federal or state records to review from the collection day.

What moved

• Restoring Reciprocity in Government Procurement (US): An executive order on government procurement policy, issued by the Executive Office of the President and published in the Federal Register. The record notes the specific provisions are not detailed in the available text, so the summary does not specify who is covered.

• Rescission of Rule 14a-8's Federal Regulation of Shareholder Proposals and Amendments to Rule 14a-4 (US): The Securities and Exchange Commission proposed rescinding Rule 14a-8, which currently regulates shareholder proposals under the Exchange Act, shifting such determinations to state law and company governing documents. It also proposed amending Rule 14a-4 to expand the circumstances under which companies may exercise discretionary voting authority on proposals not included in proxy materials, while providing shareholders an opt-out mechanism for their own shares. Status is proposed.

• Notice of Proposed Rule - 6A-14.064 - The rule is being amended to add newly updated language from HB 1279 (2026) that further defines which institutions are eligible to participate in the dual enro (Florida): Florida's Department of Education, State Board of Education proposed amending Rule 6A-14.064 to incorporate language from HB 1279 (2026) that defines which institutions may participate in the dual enrollment program, restricts participation to Florida students, and expands eligibility to children of active-duty military parents who are Florida residents enrolled in Department of War schools. This is a notice of a proposed rule; the summary does not state a comment deadline.

• Schedules of Controlled Substances: Placement of Diphenidine in Schedule I (US): The Drug Enforcement Administration adopted a rule placing diphenidine, along with its salts and isomers, into Schedule I of the Controlled Substances Act, citing obligations under the 1971 Convention on Psychotropic Substances. The summary states the placement applies Schedule I regulatory controls and administrative, civil and criminal sanctions to anyone who manufactures, distributes, imports, exports, researches, instructs on, chemically analyzes or possesses diphenidine.

By the numbers

• Federal regulations: 74 collected, above the trailing weekday average of about 58.
• Federal executive orders: 4 collected, against a trailing weekday average of under one; the last day at or above this count was September 12.
• Federal court opinions: 1 collected, against a trailing weekday average of about 38.
• Texas opinions: 6 collected, against a trailing weekday average of about one; the last day at or above this count was September 8.
• Alaska regulations: 1 collected, against a trailing weekday average of about 15.
• State totals: 46 items across three states combined, Florida (39 regulations), Texas (6 opinions), and Alaska (1 regulation).
• California (opinions, trailing weekday average about 20), Pennsylvania (regulations, about 10), Ohio (regulations, about 7), Virginia (regulations, about 8), and New York (regulations, about 7) each logged no items for the collection day.

Bill actions

Among tracked bills, one Pennsylvania bill carried an action dated the collection day: "Referred to Intergovernmental Affairs & Operations." Its current status remains Introduced.

Methodology

"Collected" means the date OmniLegislation's pipeline processed each record, not the date it was originally filed or published. Counts are deduplicated processed records from OmniLegislation's own pipeline, and item descriptions come from the pipeline's own summaries of each record. Baselines are trailing 30 day daily averages for the same kind of day, weekend days against weekend days and weekdays against weekdays, excluding known data-load days; highest single-day counts are measured since tracking began on April 5, 2026, and include load days, which are labelled. Bill actions cover tracked bills only. This report covers September 21, 2026. Bill records originate from LegiScan; court opinions from CourtListener, a Free Law Project service; federal regulations from the Federal Register.