On the recordNovember 8, 2023
Mr. Chair, I rise in opposition to this amendment. The SEC's 2022 proxy adviser rule promotes transparency and accountability by requiring proxy advisory firms to provide more disclosure about their methodologies, their potential conflicts of interest, and their engagement with issuers. This rule aims to improve the accuracy and reliability of proxy advisory recommendations, which play a crucial role in corporate governance. The SEC's 2022 proxy adviser rule strikes a balance among the interests of issuers, investors, and proxy advisory firms. Mr. Chair, I urge my colleagues to vote ``no,'' and I reserve the balance of my time. {time} 1915
