Elizabeth Ising Testifies Before Subcommittee on Capital Markets of the U.S. House Committee on Financial Services

Firm News  |  April 29, 2026

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Partner Elizabeth Ising testified before the Subcommittee on Capital Markets of the U.S. House Committee on Financial Services during its April 29, 2025 hearing on Exposing the Proxy Advisory Cartel: How ISS & Glass Lewis Influence Markets.

Elizabeth shared her observations on the significant influence of proxy advisory firms in corporate elections and the need to regulate these firms.

Elizabeth said that “the lack of regulation and accountability of proxy advisory firms, their conflicts of interest, ongoing objective errors in their reports, as well as unfounded biases and presumptions underlying their proxy voting positions, demonstrate the need for these participants in the U.S. proxy system to be subject to reasonable, common-sense regulation.”

Read the full testimony here.