The Department of Labor on Wednesday announced that proxy advisory firms that offer advice or recommendations to ERISA-governed plans regarding their shareholder voting rights may be considered ERISA ...

The Department of Labor issued new guidance warning that proxy advisory firms may be subject to federal fiduciary standards ...

Proxy advisory firms can meet the definition of an investment fiduciary and are subject to the rules of the Employee ...

Maryland-based Institutional Shareholder Services Inc. seeks to halt a new Indiana law that it alleges would violate the company's right to free speech.

JPMorgan's asset and wealth management division is ditching its long-held practice of using external proxy advisors for advice on shareholder voting decisions. The bank said it was "the first major ...

JPMorgan said its asset management unit is fully eliminating the use of proxy advisors. The firm will instead use artificial intelligence to aggregate and analyze proxy data. In this article JPMorgan ...

April 10 (Reuters) - Independent proxy advisory firm Glass Lewis recommended Warner Bros Discovery shareholders to vote in ...

Jan 7 (Reuters) – JPMorgan Chase‘s asset management division no longer plans to use proxy advisers in the U.S., according to an internal memo seen by Reuters on Wednesday, a move the bank described as ...

Elon Musk called ISS and Glass Lewis "corporate terrorists." Jamie Dimon said they should be "gone and dead." You might ...

In place of external human advisors, the bank is launching an in-house AI tool. The tool, named Proxy IQ, will cover all aspects of the voting process, according to an internal memo. JPMorgan's asset ...