Hearing Entitled: Exposing the Proxy Advisory Cartel: How ISS & Glass Lewis Influence Markets

Tuesday, April 29, 2025 | 02:00 | 2128 Rayburn House Office Building

Click here to view the livestream of this hearing.
Click here to view the Committee Memorandum.

Witnesses

Mr. Charles Crain, Managing Vice President, Policy, National Association of Manufacturers, Washington, DC
Ms. Elizabeth Ising, Partner, Gibson Dunn, Washington, DC
Mr. Paul Rose, Dean, School of Law, Case Western Reserve University, Cleveland, OH
Mr. Paul Washington, President & CEO, Society for Corporate Governance, New York, NY
Ms. Nell Minow, Vice Chair, ValueEdge Advisors, McLean, VA

Legislation

H.R. ____, a bill to amend the Securities Exchange Act of 1934 to provide for the registration of proxy advisory firms
H.R. ____, a bill to amend the Securities Exchange Act of 1934 to provide for liability for certain failures to disclose material information or making of material misstatements
H.R. ____, a bill to amend the Securities Exchange Act of 1934 to require certain disclosures by institutional investment managers in connection with proxy advisory firms
H.R. ____, a bill to amend the Securities Exchange Act of 1934 to provide for certain requirements related to proxy voting
H.R. ____, a bill to amend the Securities Exchange Act of 1934 to require the Securities and Exchange Commission to study certain issues with respect to shareholder proposals, proxy advisory firms, and the proxy process
H.R. ____, the Stopping Proxy Advisor Racketeering Act

Hearings