Tag: 14a-8(i)(9)

ISS posts 2019 policy updates

Yesterday, ISS announced updates to its policies for next year.  Like Glass Lewis a month ago, ISS is also—shall we say “unfriendly”— to boards of companies that submit to shareholders a charter or bylaw ratification proposal while excluding, as permitted under SEC rules and staff no-action positions, a conflicting shareholder proposal.  Below are some of the highlights of the ISS updates: