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SEC Adopts Final Rules Addressing Proxy Advisory Firms

On July 22, 2020, the Securities and Exchange Commission (SEC) adopted amendments to its proxy rules addressing proxy voting advice provided by proxy advisory firms, such as ISS and Glass Lewis. The amendments were originally...more

State Street and BlackRock Tell Public Company Directors That The Time Is Now To Focus On Sustainability and ESG

In January 2020, two of the largest asset managers, State Street Global Advisors (SSGA) and BlackRock, emphasized that they will hold Boards of Directors accountable for not making significant progress on sustainability and...more

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