In the case of ISS and Glass Lewis, both foreign owned companies with an extremely outsized impact on proxy voting in our capital markets, they haven't been subjected to CFIUS review. ISS, founded in the United States back in 1985, is now majority owned by Germany's Deutsche Borsch Group. the powerhouse behind Frankfurt's stock exchange. That's a foreign owned entity calling shots in how America's institutional investors vote trillions of dollars worth of US shares. (00:35–00:44)
CLAIM
Asserts that ISS is majority owned by Germany's Deutsche Borsch Group.
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