Require proxy advisors for companies to disclose whether a financial analysis was used for proxy services

Summary

The bill would force proxy advisory firms to disclose to shareholders, company boards, and the public whether their voting recommendations are supported by a written financial analysis. It applies to any advisor that gives voting advice, research, or default voting policies for publicly traded companies. The aim is to give investors clearer information about the basis of the advice they receive.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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