U.S. Securities and Exchange Commission building. (Photo: Diego M. Radzinschi/ALM) New SEC Proxy Vote Disclosure Rules Expected to Invite Scrutiny of Investment Funds
Making proxy votes more readable aims to inform investors, but it's yet to be seen if it will be another costly addition to information glut as SEC Chair Gary Gensler fine-tunes enforcement actions agencywide.
November 04, 2022 at 03:41 PM
5 minute read
New proxy vote reporting rules adopted by the Securities and Exchange Commission this week should have companies circling their wagons ahead of possible new enforcement, attorneys and legal scholars say.
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