SEC Approves Final Rules on Proxy Advisors
The measures will "harm the governance process and suppress the free and full exercise of shareholder voting rights," a dissenting commissioner says.
Proxy Adviser Sues SEC Over New Guidance
Institutional Shareholder Services says its lawsuit is necessary to litigation to be necessary to "prevent the chill of proxy advisers’ protected speech."
SEC Move Could Lessen Proxy Advisers’ Influence
The commission rescinds guidance that led investment managers to outsource their proxy-voting decisions to proxy advisers.