January 30, 2020
I was unaware of this issue until a colleague of mine brought it to my attention. I trust an institutional investor to handle my investing activities. Additionally, I am a young professional in banking, so I'm glad this issue has come to my attention and that I have an opportunity to voice my support of the proposed amendment. At first glance, the proposed amendment makes logical sense because it encourages an environment of accountability, responsibility, and transparency- all things the security industry desperately needs more of. Additionally, large institutional investors make up a large share of stockholders in the current market and their votes carry a lot of weight. Holding these proxy advisors accountable is imperative for a meritocratic corporate business environment.