As debate over the regulation of proxy advisors heats up on Capitol Hill, CII published a brief to refute many of the claims that lawmakers are relying on to muster support for their efforts to crack down on advisors. 

The six-page brief explains:

• How investors use proxy advisors;

• How much influence proxy advisors actually have over investors’ voting decisions;

• How often errors actually appear in proxy advisors’ reports;

• How proxy advisors manage any possible conflicts of interest;

• How more regulation would affect the market for proxy advisory services; and

• How proxy advisors approach transparency about their practices and methodologies.

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