On Wednesday the US Securities and Exchange Commission (SEC) issued guidance related to “Investment Advisers’ Proxy Voting Responsibilities and the Application of Proxy Rules to Voting Advice.” We look forward to reviewing the clarifications that the SEC put forth and continuing to engage with them in a constructive manner on these important issues.
In recent years, Glass Lewis has implemented processes and procedures that enable public companies to understand Glass Lewis’ policies and methodologies and engage with Glass Lewis:
- Glass Lewis offers for free to all companies under coverage a fact-only version of the report for their review and comment prior to Glass Lewis completing and publishing the final version of its analysis to investor clients;
- Glass Lewis has an open-door policy for engaging with companies – for free – outside the solicitation period. In 2018, Glass Lewis conducted engagements with 1,500 companies; and
- In 2019, Glass Lewis launched the Report Feedback Statement service to provide companies with a mechanism for directly communicating their perspectives regarding our analysis to Glass Lewis investor clients.
It is in the best interest of our investor clients to be able to continue to operate our business and offer services in a manner that doesn’t compromise the independence, quality and timeliness of the research that Glass Lewis provides.
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In recent years, Glass Lewis has implemented processes and procedures that enable public companies to understand Glass Lewis’ policies and methodologies and engage with Glass Lewis:
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