ISS Annual Survey 2024: A Call for Systemic Proxy Advice ISS, a leading proxy advisory firm, is seeking input for its annual survey, which will close on September 5. This presents a crucial opportunity for investors to shape proxy advice considering the systemic impact of votes across diversified portfolios. Glass Lewis had a similar survey, […]
Moody’s 2024. Vote Against compensation committee directors Howell, Forlenza, Hill, Serafin, and Van Saun. AGAINST the Auditor, Pay, #4, FOR item #5 Special Meetings. See also my note on Automatic Voting and why funds and advisors need more complex voting guidelines.
Warnings: Blank Votes Be sure to vote for each item on the proxy. Any items left blank get automatically voted in favor of management’s recommendations. (See Broken Windows & Proxy Vote Rigging – Both Invite More Serious Crime). I have tried to get the SEC to require that blanks be counted as abstentions with no luck. […]
Extension sought by Josh Zinner of ICCR for SEC comment period on potentially explosive rulemakings of critical importance to all shareholders. Shareholders would do well to follow his lead by joining him in requesting a 120 day comment period for these complex rules. (more…)
SEC Proposal to Improve Proxy Voting to Have Opposite Effect SEC proposal to improve proxy voting advice would raise the cost of proxy voting analysis, reduce the number of customers and ultimately reduce shareholders ability to hold public companies accountable. If enacted, control of capital will be further removed from Main Street investors [Mr. and […]