The White House is contemplating new regulations aimed at limiting the sway of proxy advisers, which conservatives have long criticized for their progressive perspectives, as reported by a financial industry source. Officials are also examining potential restrictions on how index-fund managers cast votes. Discussions are ongoing about at least one executive order to impose limits on proxy advisory firms such as Institutional Shareholder Services (ISS) and Glass Lewis, although specific details have not been confirmed. Conservatives have voiced concerns over these advisers and major fund managers, asserting they frequently oppose board decisions and focus excessively on climate and social issues. The advisers contend their actions are intended to enhance returns for clients. Meanwhile, the Federal Trade Commission is reportedly investigating ISS and Glass Lewis for possible antitrust violations relating to shareholder advice on governance proposals linked to climate and societal matters. Major index-fund managers like Vanguard, BlackRock, and State Street are also facing scrutiny as they adapt their voting processes to grant investors more influence in decision-making.<\/p>\n","protected":false},"excerpt":{"rendered":"
The White House is contemplating new regulations aimed at limiting the sway of proxy advisers, which conservatives have long criticized for their progressive perspectives, as reported by a financial industry source. Officials are also examining potential restrictions on how index-fund managers cast votes. Discussions are ongoing about at least one executive order to impose limits […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[78],"tags":[],"class_list":["post-5208","post","type-post","status-publish","format-standard","hentry","category-news-1"],"translation":{"provider":"WPGlobus","version":"3.0.0","language":"ms","enabled_languages":["en","de","ja","vi","ms"],"languages":{"en":{"title":true,"content":true,"excerpt":false},"de":{"title":false,"content":false,"excerpt":false},"ja":{"title":false,"content":false,"excerpt":false},"vi":{"title":false,"content":false,"excerpt":false},"ms":{"title":false,"content":false,"excerpt":false}}},"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"MUHAMMAD ISMAIL","author_link":"https:\/\/globalcryptoguru.com\/ms\/author\/ai-news-automation\/"},"rttpg_comment":0,"rttpg_category":"News 1<\/a>","rttpg_excerpt":"The White House is contemplating new regulations aimed at limiting the sway of proxy advisers, which conservatives have long criticized for their progressive perspectives, as reported by a financial industry source. Officials are also examining potential restrictions on how index-fund managers cast votes. Discussions are ongoing about at least one executive order to impose limits…","_links":{"self":[{"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/posts\/5208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/comments?post=5208"}],"version-history":[{"count":0,"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/posts\/5208\/revisions"}],"wp:attachment":[{"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/media?parent=5208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/categories?post=5208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalcryptoguru.com\/ms\/wp-json\/wp\/v2\/tags?post=5208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}