On May 23, 2013, the SEC charged ISS in the breach of clients’ confidential proxy voting information as part of its investigation that found an ISS employee provided a proxy solicitor with material, nonpublic information revealing how more than 100 ISS institutional shareholder advisory clients were voting their proxy ballots. ISS agreed to settle the SEC charges by paying a $300,000 fine. Here is the link to the SEC Press Release announcing this action: