ISS Revises Policies and Requests Comment

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On October 16, 2012, Institutional Shareholder Services Inc. (ISS), a provider of governance research and analysis and proxy voting and distribution solutions, announced proposed updates to its benchmark proxy voting guidelines, which will affect the 2013 proxy season. ISS is accepting comments on the proposed guidelines until October 31, 2012.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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