Wednesday’s rules particularly rescind two exemptions, together with a requirement that proxy advisers provide a first look to firms of the recommendation to be tabled. Amy Borrus of the Council of Institutional Buyers added that “the SEC’s motion at this time, however, doesn’t deal with the foundational willpower in the 2020 rules that proxy advice […]
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Operating a VPN business comes with prices for internet hosting servers, growing software, and different operations-related expenses. President Joe Biden’s SEC first proposed these rule adjustments in November, and said buyers had expressed considerations that the conditions created increased compliance costs for proxy advisers and impaired the independence and timeliness of their advice. President Donald […]
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