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.
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