A War on Top Investor Advisers Is Growing

The ongoing investigations by the Trump administration into top shareholder advisory firms reflect a broader trend of increasing government oversight in corporate America. The FTC's focus on how proxy advisers influence investor decisions, particularly regarding climate and ESG issues, highlights the evolving landscape of corporate governance. This scrutiny is part of a larger pattern where regulatory bodies are intensifying their examination of advisory firms, as seen in recent reports from The Wall Street Journal, which detail antitrust probes into major players like ISS and Glass Lewis. Such developments indicate a significant shift in how corporate America operates, with potential implications for investor relations and corporate accountability.