The Law of Unintended Consequences: The Case of Proxy Advisory Firms - forbes.com -BoardProspects

The Law of Unintended Consequences: The Case of Proxy Advisory Firms

forbes.com Nov 15 2018 BoardBlogs

The SEC requirement that institutional investors vote on all proxy statements has led to adverse outcomes. Rule changes that strengthen conflict of interest disclosures and relax institutional investors requirements to vote on all proxy statements would help reduce these costs...
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- Wayne Winegarden