Requirements for proxy advisors. Provides that if a proxy advisor makes a recommendation against entity management on an entity proposal or proxy proposal, or makes a default recommendation or policy concerning votes against entity management on enti...
Requires proxy advisory firms to disclose detailed reasoning when recommending shareholders vote against company management. Mandates conflict-of-interest disclosures and gives companies a chance to review and respond to proxy recommendations before they are published.
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{# E23 (Nick, ruling section 1 answer 10): quoting a bill or a court opinion works
the way quoting a news article works. Select a passage above and the same panel
opens: the passage goes to the official you choose, with this document's own
address as its source and its own type. #}