Proxy Giant ISS Files Lawsuit Against SEC Over Guidance Aimed at Proxy Advisers
Posted on 11/04/2019
Institutional Shareholder Services Inc. (ISS) is a proxy giant and does not want more regulation for its profitable niche industry. The U.S. Securities and Exchange Commission (SEC) issued new guidance on August 21, 2019, which changes the regulatory regime for proxy advisers. ISS did not take this well and filed a complaint in the U.S. […]
