Major shake-up in the proxy advisory space: JPMorgan Chase's asset-management division is severing all relationships with proxy advisory firms, effective right now. The move reflects mounting regulatory scrutiny facing the sector, which has increasingly found itself in the spotlight amid shifting policy priorities. This decision signals how institutional asset managers are responding to intensifying pressure on the advisory industry—a ripple effect that's likely to reshape how major players approach governance and voting strategies going forward.
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FrontRunFighter
· 01-08 01:28
lmao jpm finally pulling the plug... wonder how long til the rest follow suit. this whole proxy advisory racket was basically a shadow governance cartel anyway—gatekeeping who votes how, extracting rents while pretending they're "neutral." classic dark forest move. now the real question is whether they're actually ditching these parasites or just... moving the same manipulation in-house 👀
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CoffeeNFTrader
· 01-07 16:01
JPMorgan's move this time is really brilliant, directly dismissing proxy advisory, regulatory pressure really can't be withstand...
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SerNgmi
· 01-07 16:00
JPM's move is pretty aggressive, directly dismissing all proxy advisors... regulation is really coming.
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SocialFiQueen
· 01-07 15:57
Once regulation comes, JPMorgan Chase will run. This move is quite realistic, huh.
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ForkThisDAO
· 01-07 15:48
Is JPMorgan really scared or just putting on a show with this move?
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GasWastingMaximalist
· 01-07 15:34
JPM directly dropped this round, it seems regulation really has no room for negotiation...
Major shake-up in the proxy advisory space: JPMorgan Chase's asset-management division is severing all relationships with proxy advisory firms, effective right now. The move reflects mounting regulatory scrutiny facing the sector, which has increasingly found itself in the spotlight amid shifting policy priorities. This decision signals how institutional asset managers are responding to intensifying pressure on the advisory industry—a ripple effect that's likely to reshape how major players approach governance and voting strategies going forward.