JPMorgan is ditching proxy advisors and turning to AI for shareholder votes in the US

The bank is launching an in-house, AI-powered tool called Proxy IQ to support its shareholder voting decisions, leaving human ...
Financial Planning

SEC Does Not Seek Overhaul of Proxy Voting Process

In its long-awaited concept release on the proxy “plumbing” process, the Securities and Exchange Commission on Wednesday sought public comment on making changes to the proxy voting and distribution ...
JD Supra

NAM sues SEC over decision not to enforce proxy advisory firm rules

At the time of adoption of the new rule amendments, Commissioner Elad Roisman, who had honchoed the proxy-process rulemakings through the SEC, said that there had been growing calls for the SEC to ...
JD Supra

[Webinar] M&A Series: The Proxy Solicitation Process in Public Company M&A

Please join Williams Mullen partners Larry Parker and Will Halliday as they discuss the proxy solicitation process in public company M&A. Companies with a class of securities registered under the ...
Pensions&Investments

ISS sues SEC to stop proxy guidance

Proxy advisory firm Institutional Shareholder Services Inc. filed a lawsuit Thursday against the Securities and Exchange Commission to halt agency guidance stipulating that proxy advisory firms must ...
Morningstar

SEC Proxy Voting Rule Changes Could Weaken Minority Shareholder Influence

On Wednesday, Sept. 16, the SEC was scheduled to hold an open meeting to decide whether to adopt new shareholder resolution filing rules. Late on Tuesday it abruptly, and with no further explanation, ...
Forbes

Shareholders Should Be Given Prompt Notice Of COVID-19 Spurred Annual/Special Meeting Changes, SEC Stresses

Shareholders should be given prompt notice of COVID-19 spurred annual meeting changes, the Securities and Exchange Commission said today. The agency said companies should take actions promptly to ...
Washington Examiner

Proxy firm critics say they’re calling the shots in corporate America

In Focus delivers deeper coverage of the political, cultural, and ideological issues shaping America. Published daily by senior writers and experts, these in-depth pieces go beyond the headlines to ...
Forbes

SEC’s Proxy Advisor Rule Should Be Finalized Despite Clayton’s Potential Departure

SEC Chairman Jay Clayton has recently made more headlines than usual because of his controversial nomination to be the U.S. attorney for the Southern District of New York. The prospect of Clayton ...