1. Proxy Adviser ISS Sues U.S. Markets Regulator Over Guidance Aimed at Curbing Advice

    Proxy Adviser ISS Sues U.S. Markets Regulator Over Guidance Aimed at Curbing Advice

    (Reuters) - Proxy adviser Institutional Shareholder Services Inc on Thursday sued the U.S. Securities and Exchange Commission over guidance aiming to clarify how investors and firms that vote on their behalf should cast their ballots in corporate elections. The guidance, issued in August, addresses some of the grievances U.S. corporations have long had about proxy advisers, such as mistakes ...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content
  2. Quotes

    1. We believe litigation to be necessary to prevent the chill of proxy advisers' protected speech and to ensure the timeliness and independence of the advice that shareholders rely on to make decisions with regards to the governance of their publicly traded portfolio companies.
  3. Topics Mentioned