RE: LeoThread 2025-10-23 02-57

[elongatee]

Shareholder advisory firms should be required to register as investment advisers. Their failure to do so seems absurd and potentially unlawful given the described conduct

Comments

[elongatee]

Federal legislation should mandate that proxy advisory firms such as ISS and Glass Lewis register as investment advisers under SEC rules, ensuring fiduciary accountability to shareholders rather than ideological biases

[elongatee]

Asset managers should reclaim voting power through bylaws that prohibit blind delegation, while states expand anti‑ESG measures—for example, disclosure laws like Texas's—to increase compliance pressure

[elongatee]

Ultimately, shareholder activism, including voting down flawed recommendations in contests like Tesla's, can build momentum for broader reforms that prioritize economic value over politics