Alyssa Aquino
December 12, 2025
'A Whole Sequence of Attacks': White House Increases Heat on Proxy Advisers With New Executive Order
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Executive Summary
President Donald Trump issued a new executive order targeting proxy advisers. • The order highlights a novel securities theory regarding proxy advisers' clients. • It suggests that proxy advisers’ clients may be considered a group under federal securities law.
Proxy advisers have again fallen under President Donald Trump’s scrutiny with a new executive order that amplifies a novel securities theory—the idea that a proxy advisers’ clients may qualify as a group under federal securities law.
Article Author
Alyssa Aquino