President Donald Trump on Dec. 11 signed an order directing the Securities and Exchange Commission (SEC) to review rules on proxy advisors, saying they wield influence that “prioritize radical political agendas over investor returns.”
Trump’s order directs the SEC to conduct a review and potentially revise or rescind any rules, guidance, bulletins, and memoranda related to proxy advisors that implicate “diversity, equity, and inclusion” or “environmental, social, and governance” policies.
Under the directive, the SEC must enforce anti-fraud provisions in securities laws against proxy advisors, evaluate whether they should be required to register as investment advisers or to provide increased transparency on conflicts of interest, and examine “whether proxy advisors serve as a vehicle for investment advisers to coordinate their voting decisions.”…, 2025-12-12 03:12:00, , US Politics, %%, https://www.theepochtimes.com/us/us-politics/feed?, Aldgra Fredly