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Proxy advice law which sparked fears it would reduce investor activism defeated in the Senate

Three days after they were introduced into federal parliament, the Senate has overturned Treasurer Josh Frydenberg's regulations on proxy advisers.

Proxy advice law which sparked fears it would reduce investor activism defeated in the Senate
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Proxy advice law which sparked fears it would reduce investor activism defeated in the Senate

Proxy advisers are the people who advise big investors, including superannuation funds, on how to vote on issues impacting the re-election of company directors.

Read more at ABC News

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