Executive Orders

Trump Administration issues Executive Order affecting proxy advisory firms: Top points

By Era Anagnosti & Ron Llewellyn on December 30, 2025

Posted in Annual meetings, ESG, Proxy voting, Shareholder proposals

President Donald Trump has issued an Executive Order 14366, “Protecting American Investors from Foreign-Owned and Politically-Motivated Proxy Advisors,” which could significantly impact the policies and practices of Institutional Shareholder Services (ISS) and Glass, Lewis & Co. (Glass Lewis), two major proxy advisory firms in the United States.

Released on…

Executive Order on federal agencies

By Era Anagnosti, Brent Bernell, Daniel Caprio, Steven Phillips, Andrew Serwin & John Gevertz on February 27, 2025

Posted in SEC developments, SEC rulemaking

On February 18, 2025, President Donald J. Trump signed an Executive Order (EO), entitled, “Restoring Democracy and Accountability in Government,” which asserts greater authority over all federal agencies, including those established by Congress as independent from direct presidential control. The EO specifically lists the Securities and Exchange Commission (SEC)…