Proxy Advisers ISS and Glass Lewis Are Facing Antitrust Probes

The FTC's investigation into proxy advisers ISS and Glass Lewis highlights growing scrutiny over how these firms guide investors on climate and ESG issues. As environmental and social governance factors become more critical in investment strategies, understanding the role of proxy advisers is essential. This investigation is part of a broader trend of regulatory oversight aimed at ensuring transparency and fairness in financial markets. The outcome could reshape how proxy advisers operate and influence investor behavior, potentially leading to more stringent regulations in the sector.