by David Schwartz J.D. CPA | Nov 27, 2022 | All, Change Overview and Rationale, Cross-Post, Formal Regulatory Remedies
Does meaningful proxy voting transparency reveal too much? On November 2, 2022, the Securities and Exchange Commission (SEC) finalized the first of its market data rule proposals. The amendments to form N-PX bring greater detail, consistency, and usability to the...
by David Schwartz J.D. CPA | Nov 14, 2021 | All, Commentary, Cross-Post
How Data Trusts Can Transform Securities Finance. Certain challenges in securities finance can only be met with better data and newer data models. Market regulators now coping with investor demands for ESG-compliance will have to monitor the disclosures of regulated... by David Schwartz J.D. CPA | Oct 13, 2021 | All, Change Overview and Rationale, Cross-Post
The U.S. Labor Department (DOL) has proposed regulations that would greatly expand how retirement and pension plans can invest in ESG strategies and clarify the scope of ERISA plans’ responsibility for proxy voting. If adopted, the DOL’s proposal, drafted...
by David Schwartz J.D. CPA | Oct 12, 2021 | All, Cross-Post, Disclosure Regimes
The Securities and Exchange Commission issued a proposal to expand investment company disclosures of their proxy voting activities. If adopted, the rules would enhance the information mutual funds, exchange-traded funds, and other regulated investment companies are...
by David Schwartz J.D. CPA | Dec 19, 2020 | All, Cross-Post, Lender Directed Voting
On Friday, December 11, the Department of Labor (DOL) issued its final rules on proxy voting by ERISA fiduciaries. As proposed last August 30, the draft rules drew hundreds of responses by the ESG-directed investing community, many of which criticized the proposal as...
