REGULATION · US
U.S. regulator escalates legal action against proxy adviser ISS
The SEC/FTC sued Institutional Shareholder Services (ISS), intensifying enforcement against proxy advisory firms. Reflects broader regulatory focus on intermediary governance, data accuracy, and conflicts of interest in institutional investment chains.
WHY IT MATTERS
Asset managers and custodians relying on proxy adviser tools face tightened compliance scrutiny; AI-driven proxy-voting systems now subject to enhanced oversight and transparency mandates.
Source: Financial Times · 2026-09-05