Tag: Glass Lewis
SubscribeSEC Overturns Curbs on Influence of Proxy Advisors
Proxy advisory firms weren’t particularly popular with the Securities and Exchange Commission during the previous presidential administration. Quite the opposite, in fact, as the SEC passed rules in 2020 designed to blunt the influence of f...
Read MoreSecurities and Exchange Commission Gets Active on Voting Rights
With the most recent census and elections complete, legislatures in the 50 states have been digging into redistricting fights and other contentious voting rights matters. This month, the Securities and Exchange Commission decided to join th...
Read MoreSEC Hands Proxy Advisory Firms a Big Win
If you asked the boards of directors of public companies what they have against proxy advisory firms, they might come back with a question of their own: How much time do you have? Their complaints about proxy advisory firms, which make reco...
Read MoreTesla Puts Risky Insurance Strategy in Reverse
Elon Musk might be the ultimate polymath. By day, he’s the CEO of a revolutionary automaker. His side hustles include building tunnels, making flamethrowers, and of course selling underpants. But apparently, there’s a limit to the endeavors...
Read MoreNew Rules for Proxy Advisors Divide Issuers, Investors
Is polarization coming to the financial markets? You might think so after hearing the divided reaction to the SEC’s new rules for proxy advisory firms, which passed at an open meeting of the commission last week. Proxy advisory firms, as ou...
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