RiskMetrics invites investors to comment on policy development

By Lisa Kerner

Charlotte, N.C., Oct. 26 - RiskMetrics Group, Inc.'s annual comment period, held as part of its policy development process, runs through Nov. 11.

The comment period gives institutional investors, corporate issuers and industry constituents the opportunity to provide feedback on RiskMetrics' draft policies, according to a company news release.

RiskMetrics said topics covered under its policy updates include takeover defenses, board and director independence, executive compensation and share purchase authorities.

"Offering this level of transparency around our voting policies is unique to RiskMetrics and critical to representing balanced global policies for investors," Steve Harvey, the head of RiskMetrics' governance business, said in the release.

According to RiskMetrics, its 2010 proxy voting policy survey announced in June had more than 700 respondents.

The company said it plans to release its final 2010 U.S. and international policy updates on Nov. 20 and its global policy summary and concise guidelines in late December.

RiskMetrics is a New York-based provider of risk management and corporate governance products and services to participants in the financial markets.

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