Increased Transparency in Proxy Voting Advice for Investors
New rules aim to increase transparency for companies advising on proxy votes at shareholder meetings. This will provide individual investors with more complete information, enabling them to make more informed decisions about their investments. Advisory firms will be required to disclose their methodology and potential conflicts of interest.
Key points
Advisory firms must provide their recommendations to the subject companies before they are disseminated to investors.
Investors will gain easy access to companies' responses regarding the advisors' recommendations.
Advisory firms will be required to disclose their methodology, information sources, and any conflicts of interest.
Status:
Expired
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