JPMorgan is ditching proxy advisors and turning to AI for shareholder votes in the US

The bank is launching an in-house, AI-powered tool called Proxy IQ to support its shareholder voting decisions, leaving human ...
JD Supra

NAM sues SEC over decision not to enforce proxy advisory firm rules

At the time of adoption of the new rule amendments, Commissioner Elad Roisman, who had honchoed the proxy-process rulemakings through the SEC, said that there had been growing calls for the SEC to ...
Crowdfund Insider

JPMorgan to Leverage AI Solutions, Will Abandon Reliance on Proxy Advisory Firms

JPMorgan announced its decision to abandon reliance on third-party proxy advisory firms, opting instead for artificial ...
Morningstar

SEC Proxy Voting Rule Changes Could Weaken Minority Shareholder Influence

On Wednesday, Sept. 16, the SEC was scheduled to hold an open meeting to decide whether to adopt new shareholder resolution filing rules. Late on Tuesday it abruptly, and with no further explanation, ...
Washington Examiner

Proxy firm critics say they’re calling the shots in corporate America

In Focus delivers deeper coverage of the political, cultural, and ideological issues shaping America. Published daily by senior writers and experts, these in-depth pieces go beyond the headlines to ...