• Canadian Securities Administrators Publish Proposed National Policy to Regulate Proxy Advisory Firms
  • May 6, 2014 | Authors: Jonathan Feldman; Neill May
  • Law Firm: Goodmans LLP - Toronto - Toronto Office
  • The Canadian Securities Administrators (CSA) published for comment a policy governing the activities of proxy advisory firms which provide voting advisory and corporate governance consulting services to institutional investors. National Policy 25-201 Guidance for Proxy Advisory Firms is primarily oriented to address concerns expressed relating to (i) potential conflicts of interest, and (ii) the transparency and accuracy of voting recommendations and proxy voting guidelines developed by proxy advisory firms. The comment period on the proposed policy ends June 23, 2014.