For some companies, the ability for shareholders to have a voice is a source of constant annoyance.
For proxy voting agents, such as Minerva, understanding the rules of the game and where the lines are drawn is key.
Shareholder rights …
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The UK Government has now implemented social distancing measures across the UK as the coronavirus outbreak continues to gather pace.
Mass gatherings are being postponed or cancelled in response, but UK companies with scheduled annual general meetings (AGM) are having …
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Investors up in arms over SEC climate proposals
SEC chairman Jay Clayton has again come under fire for failing to go far enough on climate disclosures, as the regulator pushes to give company bosses yet more control over the information …
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Shortcomings in SEC proposals exposed
Minerva Analytics has written a no-holds-barred letter to the US Securities and Exchange Commission (SEC) stressing several major issues with the regulator’s proposed proxy adviser rules.
The letter, penned by Minerva CEO Sarah Wilson, makes …
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SEC chairman Jay Clayton has faced an extraordinary grilling over the fake investor letters he cited in ‘support’ of the regulator’s proxy advisor rule changes – with a prominent US senator telling him he was “duped”.
Clayton was finally forced …
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The chief of UN-backed Principles for Responsible Investment (PRI) has lashed out at the SEC and corporate lobby groups for trying to dampen investor rights.
In an opinion piece for the FT this week, chief executive of the PRI Fiona …
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A major activist group has launched a petition to fight the SEC’s shareholder proposal rules – already securing nearly two-thirds of the 75,000 target signatories.
Credo Action, which represents millions of activists around the globe fighting for progressive change, warned …
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SEC falls foul of proxy astroturf
Did the SEC cite fake letters to support its proxy clampdown?
The SEC’s attempts to impose tough new regulations on proxy advisers have taken a sinister turn following revelations its chairman has been citing …
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A war of words has broken out between investors and the Securities and Exchange Commission (SEC) following the regulator’s controversial proposal to amend its proxy voting rules.
On 5 November, the SEC proposed new changes to how proxy advisory firms operate – with some criticising the move …
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SEC fines PwC over reporting and independence
Accounting giant PricewaterhouseCoopers has been slapped with a $7.9m penalty for violating the Securities and Exchange Commission’s (SEC) financial reporting and auditor independence rules.
The regulator found PwC had engaged in ‘improper professional …
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