The lawsuit disputes restrictions on proxy advisors’ speech and ambiguous definitions that plaintiffs argue could bring other investor groups within the law’s scope.

The SEC is stepping up scrutiny of investment advisers’ reliance on proxy advisors, making oversight of voting decisions a key focus for 2027.

With less than a month before the SEC's comment deadline, investors are escalating efforts to have companies join the fight over shareholder proposal rights.

Investors need certainty about the rules and consistency in how evidence is weighed.