Release No. IA-5325 and the Fiduciary Duties of Proxy Advisors

Author:

Sharfman Bernard S.

Publisher

Elsevier BV

Reference9 articles.

1. President and Chief Executive Officer;Gary Retelny;Institutional Shareholder Services to Mr. Brent J. Fields, Secretary, U.S. Securities and Exchange Commission at,2018

2. President and Chief Executive Officer;Gary Retelny;Institutional Shareholder Services to Mr. Brent J. Fields, Secretary, U.S. Securities and Exchange Commission at,2018

3. See Katherine Rabin, Chief Executive Officer, Glass Lewis to Jay Clayton, Chairman, U.S. Securities and Exchange Commission, attachment, Willkie Farr & Gallagher Memorandum at 2-5;Glass Lewis does not take the position that it is an investment adviser under the Advisers Act,2018

4. At the end of 2018, it was reported that $1.2 trillion had been invested in funds that followed "non-economic guidelines;See Antony Currie and Neil Unmack, Breakingviews -Breakdown: ESG investing faces sustainability test,2019

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