SEC Sues ISS as Trump Administration Ramps Up Scrutiny of Proxy Advisers
The Securities and Exchange Commission has sued Institutional Shareholder Services, the firm whose voting recommendations quietly shape outcomes at the vast majority of U.S. public companies. The lawsuit itself is narrower than the headlines suggest — it’s not (yet) an accusation of wrongdoing, but a fight to force ISS to hand over documents. Still, it…
