BDO Flash Report - SEC Matters

May 2012

The Securities and Exchange Commission (SEC) hosted a public roundtable in Washington, D.C. and via live webcast on December 5, 2013 to discuss the use of proxy advisory firm services by institutional investors and investment advisers. In 2010, the SEC issued a concept release seeking public comment on the services provided by proxy advisory firms and on potential conflicts of interest and transparency in the proxy advisory industry. The SEC said the roundtable will provide a forum to discuss these issues.