Last week, I blogged about how ISS has released its updated proxy voting guidelines for 2026. We now have this Cooley Alert that delves into what ISS has changed in greater detail. Here’s an excerpt: “Shareholder proposals Referencing changing investor sentiment and low support at annual meetings, the 2026 policy update includes significant changes to ISS’ approach to E&S shareholder proposals, replacing a previous presumption …
Glass Lewis Releases Benchmark Policy Updates
Yesterday, Glass Lewis released its Benchmark Policy changes for 2026, which are included in this 90-page document. The primary changes include:
Next Wednesday’s Webcast: “Hot Governance and Engagement Proxy Tips You Need to Know”
Join us next Wednesday, December 10th for a webcast – “Hot Governance and Engagement Proxy Tips You Need to Know” – during which Cooley’s Beth Sasfai, Michael Mencher and Broc Romanek – as well as Proxy Analytics’ Steve Pantina – as they provide practical guidance on how to tackle so many changes in an uncertain environment – including how your proxy disclosure and shareholder proposal …
A Trio of Notable Proxy Advisor Developments
Here are three recent developments impacting ISS and Glass Lewis: 1. Florida Attorney General sues ISS and Glass Lewis – As noted in this article, the Florida Attorney General has sued ISS and Glass Lewis, alleging that both proxy advisors have violated Florida’s consumer protection and antitrust laws by deceiving investors. This lawsuit is similar to the one filed recently by the Texas Attorney General …
ISS Releases 9 Benchmark Policy Updates for the US
Last week, ISS released its updated proxy voting guidelines for 2026. Here’s a 19-page summary – and a 35-page summary of the changes for the Americas. There is a total of 10 changes applicable in the US, eight of which are US-specific and two of which are global. There are two separate E&S shareholder proposal policy changes – one for the US and one that …
Two Webcasts This Week: “Master Class in Proxy Reporting” and “What to Expect From the SEC Now That the Government Shutdown Has Ended”
Join us this Wednesday, December 3rd for the webcast – “Master Class in Proxy Reporting” – during which Cooley’s Julia Boesch and Liz Dunshee will discuss best practices for proxy disclosure and share their top tips to help you overcome the latest issues arising when preparing periodic reports and earnings releases. Register now. The next day, Thursday, December 4th, is the webcast – “What to …
Upcoming Webcast: “Hot Governance and Engagement Proxy Tips You Need to Know”
Join us on Wednesday, December 10th for a webcast – “Hot Governance and Engagement Proxy Tips You Need to Know” – during which Cooley’s Beth Sasfai, Michael Mencher and Broc Romanek – as well as Proxy Analytics’ Steve Pantina – as they provide practical guidance on how to tackle so many changes in an uncertain environment – including how your proxy disclosure and shareholder proposal …
Corp Fin’s New Shareholder Proposal Position: Every Silver Lining Has a Touch of Grey
Here’s an excerpt from this Cooley Alert about last week’s Corp Fin statement saying that it won’t respond to no-action requests – at least until September 30, 2026 – unless a company is seeking relief under Rule 14a-8(i)(1)’s “not a proper subject under federal or state law”: “Although the staff’s new approach ostensibly makes it easier for companies to exclude shareholder proposals under Rule 14a-8, …
Upcoming Webcast: “Hot Governance and Engagement Proxy Tips You Need to Know”
There certainly is a lot to talk about! Join us on Wednesday, December 10th for a webcast – “Hot Governance and Engagement Proxy Tips You Need to Know” – during which Cooley’s Beth Sasfai, Michael Mencher and Broc Romanek – as well as Proxy Analytics’ Steve Pantina – as they provide practical guidance on how to tackle so many changes in an uncertain environment – …
Corp Fin (Mostly) Gets Out of the Shareholder Proposal Processing Business
Perhaps not too surprising given the recent speech by SEC Chairman Paul Atkins that effectively cast doubt on the viability of precatory shareholder proposals if state law dictates that result and a company obtains a legal opinion to that effect, Corp Fin issued this statement this morning saying that it won’t respond to no-action requests – at least until September 30, 2026 – unless a …