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Americas

US Regulations Lag “New Landscape” – SEC Acting Chair

Lee emphasises need to update proxy voting guidance, improve passive investing transparency and continue to push the climate agenda. 

US regulations need to be updated to better support shareholder democracy and help investors hold corporates accountable on ESG-related issues, according to Allison Herren Lee, Acting Chair of the Securities and Exchange Commission (SEC). “I’m concerned that our regulations haven’t kept up with what is a new landscape of institutional…

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