On November 27, 2013, the Securities and Exchange Commission (SEC) announced the agenda and panelists for its December 5, 2013 roundtable on proxy advisors. The roundtable will be broken into two sessions.
The first session will explore the current use of proxy advisory services, including the factors that may have contributed to their use, the purposes and effects of using the services, and competition in the marketplace for such services.
The second session will explore issues identified in the Commission’s 2010 concept release on the U.S. proxy voting system, including potential conflicts of interest that may exist for proxy advisory firms and users of their services, and the transparency and accuracy of recommendations by proxy advisory firms.
For more information, please see: SEC Announces Agenda, Panelists For Roundtable On Proxy Advisory Services, available at:
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370540419621#.UpYo7uJ76Ds