Investment Management AlertKey Points
On January 8, 2026, Brian Daly, Director of the SEC’s Division of Investment Management, delivered remarks at the New York City Bar Association addressing proxy voting practices, including whether advisers may have defaulted to automated voting processes that rely heavily on proxy advisory firm recommendations rather than judgments made in their clients’ best interests.
Director Daly framed his remarks as part of a broader reassessment of proxy voting pract...
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