Proxy Advisor Transparency Act.

Summary

The bill mandates that any proxy advisor who gives voting recommendations without a written financial analysis must clearly disclose that fact to shareholders and the companies involved. It applies to advisors who provide advice, research, or default voting policies for publicly‑traded companies. The goal is to give shareholders transparent information so they can assess the basis of proxy voting advice.

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

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