The Federal Trade Commission of the United States is conducting an investigation on the proxy advisory firms ISS and Glass Lewis.

According to informed sources, the Federal Trade Commission of the United States has launched an investigation into proxy advisory firms Institutional Shareholder Services and Glass Lewis to determine whether there are potential violations of antitrust laws. Regulatory agencies are examining the competitive practices of these influential advisory firms and how they guide clients in making voting decisions on controversial company matters such as executive compensation, board elections, and shareholder proposals related to climate and social issues.