Rule 14a-8(i)(7) allows a company to exclude a shareholder proposal submitted pursuant to Rule 14a-8 from its proxy statement if the proposal "deals with a matter relating to the company's ordinary business operations." The Division issued clarifying guidance on this basis for exclusion in SLB 14H as a result of the 3 rd Circuit's July 2015 decision in Wal-Mart. In that case, the Division had previously granted no-action relief to Wal-Mart Stores, Inc. ("Wal-Mart"), concurring in the exclusion of a proposal relating to Wal-Mart's ordinary business operations and the shareholder proponent sued to require the company to include the proposal in its proxy statement. The proposal sought oversight and reporting by Wal-Mart to cover policies and standards that would be applicable to determining whether or not the company should sell guns equipped with high-capacity magazines.