HR 4098
Stopping Proxy Advisor Racketeering Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 6:26 AM
Take action
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Stopping Proxy Advisor Racketeering Act, aims to prevent conflicts of interest within proxy advisory firms, which provide recommendations to investors on how to vote on corporate matters. It prohibits firms from offering consulting services or altering recommendations based on a company’s subscription to their services. The bill also addresses situations where firms advise on shareholder proposals that align with their recommendations, and establishes penalties for violations.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsor
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.