CNBC · Finance · 2026-09-06
SEC sues ISS as Trump administration ramps up scrutiny of proxy advisers
SEC sues ISS as Trump administration ramps up scrutiny of proxy advisers. The SEC sued Institutional Shareholder Services to enforce a subpoena. The move comes as the Trump administration increases scrutiny of influential proxy advisers, the SEC says. The lawsuit is expected to be settled in the next few days, according to a source at the SEC who was not authorized to speak about the case.
Why it matters. Why it matters: SEC sues ISS as Trump administration ramps up scrutiny of proxy advisers.
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