The White House just dropped a new executive order targeting proxy advisory firms. The goal? Rein in how these third-party outfits try to steer corporate decisions at publicly traded companies. It's part of a broader effort to reshape corporate governance dynamics and reduce external influence on shareholder voting. This move could signal a shift in how regulatory frameworks treat advisory intermediaries moving forward.
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LiquidationWatcher
· 12-12 01:05
Damn, another restriction on agency consulting firms? The White House is playing a good move here, directly aiming to cut off these intermediaries' influence on shareholder voting.
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CryptoGoldmine
· 12-12 01:03
The proxy advisory sector is regulated, indicating a reallocation of power. From the perspective of computational power in the capital markets, the ROI of discourse is being reshaped, and the battle for voting rights between retail investors and institutions is intensifying.
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BearMarketGardener
· 12-12 01:00
Agent advisors are being manipulated, making it even harder for retail investors to band together.
This move... is the White House trying to tighten the power of proxy advisory firms, fearing they interfere with publicly traded companies' decisions. To put it simply, it's still a battle of interests, seeing who can control the voting rights discourse.
The White House just dropped a new executive order targeting proxy advisory firms. The goal? Rein in how these third-party outfits try to steer corporate decisions at publicly traded companies. It's part of a broader effort to reshape corporate governance dynamics and reduce external influence on shareholder voting. This move could signal a shift in how regulatory frameworks treat advisory intermediaries moving forward.