Paul Hodgson: SEC proxy advisor regulations – “unwarranted, unwanted, and unworkable”
Observers say the rules will enable companies to intimidate proxy advisors and blunt shareholder activism with the threat of litigation
No one involved wanted them - neither the firms offering the advice nor the customers paying for it - but the US Securities and Exchange Commission (SEC) has issued new regulations for proxy advisors anyway. The intent behind the rules seems to be to open up avenues for companies…
You must have a SUBSCRIPTION or FREE TRIAL to view this PAID content.
Already got a Subscription or Free Trial?
Not got a Subscription or Free Trial?