Indiana HB1273 mandates proxy advisors to provide written financial analysis when recommending against entity management on proposals.

Indiana HB1273 establishes requirements for proxy advisors. If a proxy advisor recommends against entity management on an entity proposal or proxy proposal, and does not base this recommendation on a written financial analysis, the advisor must disclose this on their website. The bill also requires proxy advisors to provide a written financial analysis to entity management and interest holders when offering certain services.

Indiana HB1273 mandates proxy advisors to provide written financial analysis when recommending against entity management on proposals.

Indiana HB1273 establishes requirements for proxy advisors. If a proxy advisor recommends against entity management on an entity proposal or proxy proposal, and does not base this recommendation on a written financial analysis, the advisor must disclose this on their website. The bill also requires proxy advisors to provide a written financial analysis to entity management and interest holders when offering certain services.