The Department of Labor on Wednesday announced that proxy advisory firms that offer advice or recommendations to ERISA-governed plans regarding their shareholder voting rights may be considered ERISA ...
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 ...
There has recently been a surge of US states proposing proxy voting bills, which would implement a sole-economic-interest standard for proxy voting by fiduciaries of public pension benefit plans and ...