Trump signs executive order targeting foreign-owned proxy advisors

Washington, Dec 12 (IANS) Asserting that two foreign-owned firms exert outsized influence over corporate governance in the United States, President Donald Trump signed an executive order directing sweeping regulatory and enforcement reviews of the proxy advisory industry. The order, titled Protecting American Investors from Foreign-Owned and Politically-Motivated Proxy Advisors, focuses on Institutional Shareholder Services Inc. […]