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Expert Analysis

SEC's Proxy Reform Emphasizes Accountability, Transparency

By Gary Tygesson ( September 3, 2019, 12:44 PM EDT) -- In two related releases issued on Aug. 21, the U. S. Securities and Exchange Commission updated its guidance and interpretations to heighten the scrutiny given to the voting recommendations made by proxy advisory firms, such as Institutional Shareholder Services Inc. and Glass, Lewis & Co. LLC, and the investment advisers that rely on those recommendations. . . .

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