SEC Amends Rules for Proxy Advisory Firms
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Categories: Shareholder Concerns & Influence
On July 22, 2020, the Securities and Exchange Commission adopted final rules and supplemented interpretative guidance that modify the proxy rules as applied to proxy advisory firms and clarify the fiduciary duties of investment advisers when voting proxies. One of our rising stars (Chelsea Lomprey) did the heavy lifting in drafting a client alert on the subject, and such can be found HERE.
Tags: Compensation Committee, Compensation Governance, Proxy Advisory Firms, Proxy Season, SEC Rules
- Partner
Tony’s multi-disciplinary legal practice focuses on executive compensation, ESOPs and employee benefit arrangements (including their related tax, accounting, securities and corporate governance issues) in the United ...
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