News & Analysis as of

Proxy Voting Institutional Shareholder Services (ISS) Rulemaking Process

Cadwalader, Wickersham & Taft LLP

D.C. Circuit Gives Proxy Advisory Firms a Pass

Appellate Court Holds That Firms’ Voting Recommendations Are Not “Solicitations” Under Section 14(a) of the Securities Exchange Act of 1934- On July 1, 2025, the U.S. Court of Appeals for the D.C. Circuit issued an...more

Skadden, Arps, Slate, Meagher & Flom LLP

SEC Provides Guidance on Investment Advisers’ Proxy Voting Responsibilities, Proxy Voting Advice Rules

On August 21, 2019, the Securities and Exchange Commission (SEC), by a 3-2 vote, issued two separate releases providing interpretive guidance relating to the proxy voting process. One release addresses the proxy voting...more

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