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0.000220960541690447 -0.000340803547352927 -0.000153548851005136 -0.000386993039118651 -0.000372012663410863 -0.0027439054838161 0.000111728635487495 -0.00174521376996127
Stock impact report

New Trump order could reshape proxy advice Canadian advisors rely on [Wealth Professional (Canada)]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Proxy advisors that help big investors decide how to vote on ESG and diversity are now the target of a new US executive order that aims to rein in their influence over corporate America. US President Donald Trump signed an order directing regulators to tighten oversight of the proxy advisory industry, according to Reuters The move focuses on Institutional Shareholder Services (ISS) and Glass Lewis, which guide institutional investors on how to vote in corporate elections and on shareholder proposals. Trump argues these firms often “advance and prioritize radical politically-motivated agendas.” As per Bloomberg , the order tells the chair of the US Securities and Exchange Commission to review rules, guidance and other materials on proxy advisors. It also urges the chair to consider “revising or rescinding” anything that conflicts with the order's purpose, “especially to the extent that they implicate ‘diversity, equity, and inclusion' and ‘environmental, social, and governan Show less Read more
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