Shocking Recension and Amendment of the Proxy Adviser Rule Threatens Shareholder Democracy
Shocking Recension and Amendment of the Proxy Adviser Rule Threatens Shareholder Democracy I. Introduction In November 2021, the U.S. Securities and Exchange Commission’s (the “SEC” or “Commission”) proposed recensions and amendments to the proxy adviser rule under the Investment Advisers Act of 1940. The SEC’s proposed rules have ignited debates [...]