Proxy Advisor Transparency Act requires proxy advisors to disclose financial analyses when recommending against company management.

The Proxy Advisor Transparency Act mandates that proxy advisors provide written financial analyses when recommending votes against company management. These analyses must detail the expected financial benefits and costs of company proposals, conclude the best course of action for shareholder value, and explain the methods used in the analysis. Proxy advisors must also disclose these analyses to company boards and shareholders.

Proxy Advisor Transparency Act requires proxy advisors to disclose financial analyses when recommending against company management.

The Proxy Advisor Transparency Act mandates that proxy advisors provide written financial analyses when recommending votes against company management. These analyses must detail the expected financial benefits and costs of company proposals, conclude the best course of action for shareholder value, and explain the methods used in the analysis. Proxy advisors must also disclose these analyses to company boards and shareholders.