Crime & Law · World
US Regulator Sues ISS Over Proxy Advisory Practices
The U.S. Securities and Exchange Commission (SEC) has sued Institutional Shareholder Services (ISS) as the Trump administration intensifies its examination of proxy advisory firms. The lawsuit alleges that ISS engaged in practices that violated federal securities laws. The SEC's action signals a broader effort by the administration to increase oversight of entities that influence corporate governance and shareholder voting.
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- Centre (2): CNBC, Financial Times