The Treasurer’s new proxy adviser regulations impose bizarre new standards that no financial markets participant should countenance. Treasurer Josh Frydenberg’s pre-Christmas regulatory ambush on proxy advisers has repurposed Australia’s financial services laws to protect company directors’ hurt feelings and punish the government’s perceived enemies with extraordinary fines and red tape. It’s a low point in … Continue reading Crony capitalists’ narcissistic rage prompts proxy advice ambush Continue reading »