Marc Treviño, co-head of Sullivan & Cromwell’s Corporate Governance practice, spoke to Agenda about the SEC’s governing proxy advisory firms, which have been contested recently due to several lawsuits and a change of administration at the SEC.
Marc said “the proxy advisory system has become increasingly important” for corporate America over the past several decades. “Proxy advisory firms are supposed to help investors make their companies more responsive and ultimately more profitable, a goal of this whole market,” he said. “So yes, I think this is not the last time we’ll be talking about proxy advisors, no matter what happens.”
Read the article, “SEC’s Flip-Flop on Proxy Advisory Firms Result of ‘Political Winds.’”
Subscribe to stay current on S&C Insights.
Sending an e-mail through this web site does not create an attorney-client relationship. You should not send us any information through this web site that you would want treated confidentially.