The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu The leading online blog in the fields of corporate governance and financial regulation. Mon, 01 Jun 2026 18:58:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.8 https://corpgov.law.harvard.edu/wp-content/uploads/2024/02/cropped-photography-4-e1706898544564-1-32x32.png Commissioner Gallagher Offers Advice to Public Companies on Handling Proxy Advisors – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 Commissioner Gallagher Offers Advice to Public Companies on Handling Proxy Advisors https://corpgov.law.harvard.edu/2014/09/07/commissioner-gallagher-offers-advice-to-public-companies-on-handling-proxy-advisor/?utm_source=rss&utm_medium=rss&utm_campaign=commissioner-gallagher-offers-advice-to-public-companies-on-handling-proxy-advisor https://corpgov.law.harvard.edu/2014/09/07/commissioner-gallagher-offers-advice-to-public-companies-on-handling-proxy-advisor/#comments Sun, 07 Sep 2014 13:00:30 +0000 http://blogs.law.harvard.edu/corpgov/?p=65560?d=20141215144454EST Posted by Kobi Kastiel, Co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Sunday, September 7, 2014
Editor's Note:

The following post comes to us from Yafit Cohn, Associate at Simpson Thacher & Bartlett LLP, and is based on a Simpson Thacher memorandum.

Commissioner Daniel M. Gallagher of the Securities and Exchange Commission (“SEC”) authored a working paper, published last month by the Washington Legal Foundation, regarding the outsized power and influence of proxy advisory firms. [1] In his paper, Commissioner Gallagher provides his view of the most important aspects of Staff Legal Bulletin No. 20 (“SLB 20”), in which the SEC staff recently “moved toward addressing some of the serious issues” resulting from the emergence of proxy advisory firms as a dominant player in American corporate governance. Notably, Gallagher also offers some critical advice to public companies engaging with proxy advisory firms.

(more…)

]]> https://corpgov.law.harvard.edu/2014/09/07/commissioner-gallagher-offers-advice-to-public-companies-on-handling-proxy-advisor/feed/ 2