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SEC slams proxy adviser 'oligopoly,' urges AI use

BY KARREN VERGARA | MONDAY, 12 JAN 2026 12:05PM

The Securities and Exchange Commission (SEC) has slammed the oligopolistic nature of the proxy adviser industry and floated the potential for artificial intelligence (AI) to upend their stronghold.

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Read more: SEC, J.P. Morgan, Brian Daly, Reuters

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