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JPMorgan said its asset management unit is fully eliminating the use of proxy advisors. The firm will instead use artificial intelligence to aggregate and analyze proxy data. In this article JPMorgan ...
JPMorgan Chase’sJPM1.88%increase; green up pointing triangle asset-management unit is cutting all ties with proxy-advisory firms effective immediately, amping up the pressure on an industry that ...
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President Trump issued a major executive order last Thursday that will help investors by kicking politics out of company boardrooms. It targets the proxy adviser industry, which advises pension funds, ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
President Donald Trump specifically criticized Institutional Shareholder Services and Glass Lewis and directed the SEC and DOL to potentially revise regulations related to proxy advisers. The order ...
Section 1. Purpose. Unbeknownst to many Americans, two foreign-owned proxy advisors, Institutional Shareholder Services Inc. and Glass, Lewis & Co., LLC, play a significant role in shaping the ...
SEC cites administrative burden, shift to save resources SEC will not rule on common proxy objections until at least mid-2026 Activists may turn to director challenges, attorney says Nov 17 (Reuters) ...
WASHINGTON, DC - AUGUST 20: A sign masks the location of the Federal Trade Commission (FTC) headquarters building on August 20, 2025, in Washington, DC. (Photo by J. David Ake/Getty Images) The FTC’s ...