By withdrawing a key letter, the DOJ has effectively removed a potential defense for ISS in future enforcement actions, ...

Proxy-voting certainly took the spotlight in 2025. We saw the SEC narrow the scope of permissible shareholder proposals toward the beginning of the year. And toward the end, a White House executive ...

JPMorgan Chase's asset-management arm has ended its relationship with proxy advisory firms, moving to oversee shareholder voting internally with AI technology, reported the Wall Street Journal. The ...

A Securities and Exchange Commission division director suggested last week that artificial intelligence could provide an answer for investment advisers looking for an alternative to traditional ...

Rule 206(4)-6 under the Investment Advisers Act requires a registered investment adviser with proxy voting authority to adopt policies and procedures reasonably designed to ensure that proxies are ...

You're currently following this author! Click to unsubscribe from email alerts. JPMorgan's asset and wealth management division is ditching its long-held practice of using external proxy advisors for ...

The Director of the Securities Exchange Commission (“SEC”) Division of Investment Management (the “Director”) gave remarks this month regarding registered investment advisers (“RIAs”) and their proxy ...

From 2020 to 2024, the number of shareholder proposals increased steadily, fueled by growing interest in the E and S issues of the ESG mix. Enhanced scrutiny on proxy advisory firms is in full swing.