Glass Lewis actively engages with regulatory bodies around the world and frequently provides them perspectives from the proxy advisory industry, information on our policies and procedures, and input on pending regulations.
If effecting change at a single institution is like reversing the course of an aircraft carrier, revamping the proxy system is something akin to turning around a whole fleet. Undaunted by the task, it appears [...]
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 [...]
On July 29, 2019, the Securities and Exchange Board of India (“SEBI”) issued a report submitted by the Working Group it formed in November 2018 to review certain issues related to proxy advisors. The report [...]
Leading Global Shareholder Voting Research & Analysis Providers Commit to New Governance & Oversight Structure in Independently Reviewed Updated 2019 Principles The Independent Review Chair of the Best Practice Principles for Shareholder Voting Research & Analysis Group (the “BPPG”), Dr. [...]
Glass Lewis has submitted a response to the Spanish consultation on the proposed changes to Spanish Companies Law which transposes Shareholder Rights Directive II ("SRD") into national legislation. While most of the proposed changes are [...]
On March 20, 2019, the Securities and Exchange Board of India (“SEBI”) released a consultation paper (the “Paper”) that discusses the prospect of differential voting rights shares (“DVRs”) being made available to listed issuers in [...]