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Protecting American Investors From Foreign-Owned and Politically …

December 16, 2025

( printed page 58503) Executive Order 14366 of December 11, 2025 Protecting American Investors From Foreign-Owned and Politically-Motivated Proxy Advisors By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1 . Purpose. Unbeknownst to many Americans, two foreign-owned proxy advisors, Institutional …

https://www.federalregister.gov/documents/2025/12/16/2025-23093/protecting-american-investors-from-foreign-owned-and-politically-motivated-proxy-advisors

Protecting American Investors From Foreign-Owned and Politically … <body> <h1> Array ( [0] => orotecting american investors from foreign-owned and politically … [1] => lrotecting american investors from foreign-owned and politically … [2] => -rotecting american investors from foreign-owned and politically … [3] => 0rotecting american investors from foreign-owned and politically … [4] => peotecting american investors from foreign-owned and politically … [5] => pdotecting american investors from foreign-owned and politically … [6] => pfotecting american investors from foreign-owned and politically … [7] => ptotecting american investors from foreign-owned and politically … [8] => p5otecting american investors from foreign-owned and politically … [9] => p4otecting american investors from foreign-owned and politically … [10] => pritecting american investors from foreign-owned and politically … [11] => prktecting american investors from foreign-owned and politically … [12] => prltecting american investors from foreign-owned and politically … [13] => prptecting american investors from foreign-owned and politically … [14] => pr0tecting american investors from foreign-owned and politically … [15] => pr9tecting american investors from foreign-owned and politically … [16] => prorecting american investors from foreign-owned and politically … [17] => profecting american investors from foreign-owned and politically … [18] => progecting american investors from foreign-owned and politically … [19] => proyecting american investors from foreign-owned and politically … [20] => pro6ecting american investors from foreign-owned and politically … [21] => pro5ecting american investors from foreign-owned and politically … [22] => protwcting american investors from foreign-owned and politically … [23] => protscting american investors from foreign-owned and politically … [24] => protdcting american investors from foreign-owned and politically … [25] => protrcting american investors from foreign-owned and politically … [26] => prot4cting american investors from foreign-owned and politically … [27] => prot3cting american investors from foreign-owned and politically … [28] => protexting american investors from foreign-owned and politically … [29] => protevting american investors from foreign-owned and politically … [30] => protefting american investors from foreign-owned and politically … [31] => protedting american investors from foreign-owned and politically … [32] => protedting american investors from foreign-owned and politically … [33] => protecring american investors from foreign-owned and politically … [34] => protecfing american investors from foreign-owned and politically … [35] => protecging american investors from foreign-owned and politically … [36] => protecying american investors from foreign-owned and politically … [37] => protec6ing american investors from foreign-owned and politically … [38] => protec5ing american investors from foreign-owned and politically … [39] => protectung american investors from foreign-owned and politically … [40] => protectjng american investors from foreign-owned and politically … [41] => protectkng american investors from foreign-owned and politically … [42] => protectong american investors from foreign-owned and politically … [43] => protect9ng american investors from foreign-owned and politically … [44] => protect8ng american investors from foreign-owned and politically … [45] => protectibg american investors from foreign-owned and politically … [46] => protectimg american investors from foreign-owned and politically … [47] => protectijg american investors from foreign-owned and politically … [48] => protectihg american investors from foreign-owned and politically … [49] => protectihg american investors from foreign-owned and politically … [50] => protectinf american investors from foreign-owned and politically … [51] => protectinv american investors from foreign-owned and politically … [52] => protectinb american investors from foreign-owned and politically … [53] => protectinh american investors from foreign-owned and politically … [54] => protectiny american investors from foreign-owned and politically … [55] => protectint american investors from foreign-owned and politically … [56] => protecting zmerican investors from foreign-owned and politically … [57] => protecting smerican investors from foreign-owned and politically … [58] => protecting wmerican investors from foreign-owned and politically … [59] => protecting qmerican investors from foreign-owned and politically … [60] => protecting anerican investors from foreign-owned and politically … [61] => protecting akerican investors from foreign-owned and politically … [62] => protecting ajerican investors from foreign-owned and politically … [63] => protecting ajerican investors from foreign-owned and politically … [64] => protecting amwrican investors from foreign-owned and politically … [65] => protecting amsrican investors from foreign-owned and politically … [66] => protecting amdrican investors from foreign-owned and politically … [67] => protecting amrrican investors from foreign-owned and politically … [68] => protecting am4rican investors from foreign-owned and politically … [69] => protecting am3rican investors from foreign-owned and politically … [70] => protecting ameeican investors from foreign-owned and politically … [71] => protecting amedican investors from foreign-owned and politically … [72] => protecting amefican investors from foreign-owned and politically … [73] => protecting ametican investors from foreign-owned and politically … [74] => protecting ame5ican investors from foreign-owned and politically … [75] => protecting ame4ican investors from foreign-owned and politically … [76] => protecting amerucan investors from foreign-owned and politically … [77] => protecting amerjcan investors from foreign-owned and politically … [78] => protecting amerkcan investors from foreign-owned and politically … [79] => protecting amerocan investors from foreign-owned and politically … [80] => protecting amer9can investors from foreign-owned and politically … [81] => protecting amer8can investors from foreign-owned and politically … [82] => protecting amerixan investors from foreign-owned and politically … [83] => protecting amerivan investors from foreign-owned and politically … [84] => protecting amerifan investors from foreign-owned and politically … [85] => protecting ameridan investors from foreign-owned and politically … [86] => protecting ameridan investors from foreign-owned and politically … [87] => protecting americzn investors from foreign-owned and politically … [88] => protecting americsn investors from foreign-owned and politically … [89] => protecting americwn investors from foreign-owned and politically … [90] => protecting americqn investors from foreign-owned and politically … [91] => protecting americab investors from foreign-owned and politically … [92] => protecting americam investors from foreign-owned and politically … [93] => protecting americaj investors from foreign-owned and politically … [94] => protecting americah investors from foreign-owned and politically … [95] => protecting americah investors from foreign-owned and politically … [96] => protecting american unvestors from foreign-owned and politically … [97] => protecting american jnvestors from foreign-owned and politically … [98] => protecting american knvestors from foreign-owned and politically … [99] => protecting american onvestors from foreign-owned and politically … [100] => protecting american 9nvestors from foreign-owned and politically … [101] => protecting american 8nvestors from foreign-owned and politically … [102] => protecting american ibvestors from foreign-owned and politically … [103] => protecting american imvestors from foreign-owned and politically … [104] => protecting american ijvestors from foreign-owned and politically … [105] => protecting american ihvestors from foreign-owned and politically … [106] => protecting american ihvestors from foreign-owned and politically … [107] => protecting american incestors from foreign-owned and politically … [108] => protecting american inbestors from foreign-owned and politically … [109] => protecting american ingestors from foreign-owned and politically … [110] => protecting american infestors from foreign-owned and politically … [111] => protecting american infestors from foreign-owned and politically … [112] => protecting american invwstors from foreign-owned and politically … [113] => protecting american invsstors from foreign-owned and politically … [114] => protecting american invdstors from foreign-owned and politically … [115] => protecting american invrstors from foreign-owned and politically … [116] => protecting american inv4stors from foreign-owned and politically … [117] => protecting american inv3stors from foreign-owned and politically … [118] => protecting american inveators from foreign-owned and politically … [119] => protecting american inveztors from foreign-owned and politically … [120] => protecting american invextors from foreign-owned and politically … [121] => protecting american invedtors from foreign-owned and politically … [122] => protecting american inveetors from foreign-owned and politically … [123] => protecting american invewtors from foreign-owned and politically … [124] => protecting american invesrors from foreign-owned and politically … [125] => protecting american invesfors from foreign-owned and politically … [126] => protecting american invesgors from foreign-owned and politically … [127] => protecting american invesyors from foreign-owned and politically … [128] => protecting american inves6ors from foreign-owned and politically … [129] => protecting american inves5ors from foreign-owned and politically … [130] => protecting american investirs from foreign-owned and politically … [131] => protecting american investkrs from foreign-owned and politically … [132] => protecting american investlrs from foreign-owned and politically … [133] => protecting american investprs from foreign-owned and politically … [134] => protecting american invest0rs from foreign-owned and politically … [135] => protecting american invest9rs from foreign-owned and politically … [136] => protecting american investoes from foreign-owned and politically … [137] => protecting american investods from foreign-owned and politically … [138] => protecting american investofs from foreign-owned and politically … [139] => protecting american investots from foreign-owned and politically … [140] => protecting american investo5s from foreign-owned and politically … [141] => protecting american investo4s from foreign-owned and politically … [142] => protecting american investora from foreign-owned and politically … [143] => protecting american investorz from foreign-owned and politically … [144] => protecting american investorx from foreign-owned and politically … [145] => protecting american investord from foreign-owned and politically … [146] => protecting american investore from foreign-owned and politically … [147] => protecting american investorw from foreign-owned and politically … [148] => protecting american investors drom foreign-owned and politically … [149] => protecting american investors crom foreign-owned and politically … [150] => protecting american investors vrom foreign-owned and politically … [151] => protecting american investors grom foreign-owned and politically … [152] => protecting american investors trom foreign-owned and politically … [153] => protecting american investors rrom foreign-owned and politically … [154] => protecting american investors feom foreign-owned and politically … [155] => protecting american investors fdom foreign-owned and politically … [156] => protecting american investors ffom foreign-owned and politically … [157] => protecting american investors ftom foreign-owned and politically … [158] => protecting american investors f5om foreign-owned and politically … [159] => protecting american investors f4om foreign-owned and politically … [160] => protecting american investors frim foreign-owned and politically … [161] => protecting american investors frkm foreign-owned and politically … [162] => protecting american investors frlm foreign-owned and politically … [163] => protecting american investors frpm foreign-owned and politically … [164] => protecting american investors fr0m foreign-owned and politically … [165] => protecting american investors fr9m foreign-owned and politically … [166] => protecting american investors fron foreign-owned and politically … [167] => protecting american investors frok foreign-owned and politically … [168] => protecting american investors froj foreign-owned and politically … [169] => protecting american investors froj foreign-owned and politically … [170] => protecting american investors from doreign-owned and politically … [171] => protecting american investors from coreign-owned and politically … [172] => protecting american investors from voreign-owned and politically … [173] => protecting american investors from goreign-owned and politically … [174] => protecting american investors from toreign-owned and politically … [175] => protecting american investors from roreign-owned and politically … [176] => protecting american investors from fireign-owned and politically … [177] => protecting american investors from fkreign-owned and politically … [178] => protecting american investors from flreign-owned and politically … [179] => protecting american investors from fpreign-owned and politically … [180] => protecting american investors from f0reign-owned and politically … [181] => protecting american investors from f9reign-owned and politically … [182] => protecting american investors from foeeign-owned and politically … [183] => protecting american investors from fodeign-owned and politically … [184] => protecting american investors from fofeign-owned and politically … [185] => protecting american investors from foteign-owned and politically … [186] => protecting american investors from fo5eign-owned and politically … [187] => protecting american investors from fo4eign-owned and politically … [188] => protecting american investors from forwign-owned and politically … [189] => protecting american investors from forsign-owned and politically … [190] => protecting american investors from fordign-owned and politically … [191] => protecting american investors from forrign-owned and politically … [192] => protecting american investors from for4ign-owned and politically … [193] => protecting american investors from for3ign-owned and politically … [194] => protecting american investors from foreugn-owned and politically … [195] => protecting american investors from forejgn-owned and politically … [196] => protecting american investors from forekgn-owned and politically … [197] => protecting american investors from foreogn-owned and politically … [198] => protecting american investors from fore9gn-owned and politically … [199] => protecting american investors from fore8gn-owned and politically … [200] => protecting american investors from foreifn-owned and politically … [201] => protecting american investors from foreivn-owned and politically … [202] => protecting american investors from foreibn-owned and politically … [203] => protecting american investors from foreihn-owned and politically … [204] => protecting american investors from foreiyn-owned and politically … [205] => protecting american investors from foreitn-owned and politically … [206] => protecting american investors from foreigb-owned and politically … [207] => protecting american investors from foreigm-owned and politically … [208] => protecting american investors from foreigj-owned and politically … [209] => protecting american investors from foreigh-owned and politically … [210] => protecting american investors from foreigh-owned and politically … [211] => protecting american investors from foreign=owned and politically … [212] => protecting american investors from foreign0owned and politically … [213] => protecting american investors from foreignpowned and politically … [214] => protecting american investors from foreign[owned and politically … [215] => protecting american investors from foreign-iwned and politically … [216] => protecting american investors from foreign-kwned and politically … [217] => protecting american investors from foreign-lwned and politically … [218] => protecting american investors from foreign-pwned and politically … [219] => protecting american investors from foreign-0wned and politically … [220] => protecting american investors from foreign-9wned and politically … [221] => protecting american investors from foreign-oqned and politically … [222] => protecting american investors from foreign-oaned and politically … [223] => protecting american investors from foreign-osned and politically … [224] => protecting american investors from foreign-oened and politically … [225] => protecting american investors from foreign-o3ned and politically … [226] => protecting american investors from foreign-o2ned and politically … [227] => protecting american investors from foreign-owbed and politically … [228] => protecting american investors from foreign-owmed and politically … [229] => protecting american investors from foreign-owjed and politically … [230] => protecting american investors from foreign-owhed and politically … [231] => protecting american investors from foreign-owhed and politically … [232] => protecting american investors from foreign-ownwd and politically … [233] => protecting american investors from foreign-ownsd and politically … [234] => protecting american investors from foreign-owndd and politically … [235] => protecting american investors from foreign-ownrd and politically … [236] => protecting american investors from foreign-own4d and politically … [237] => protecting american investors from foreign-own3d and politically … [238] => protecting american investors from foreign-ownes and politically … [239] => protecting american investors from foreign-ownex and politically … [240] => protecting american investors from foreign-ownec and politically … [241] => protecting american investors from foreign-ownef and politically … [242] => protecting american investors from foreign-owner and politically … [243] => protecting american investors from foreign-ownee and politically … [244] => protecting american investors from foreign-owned znd politically … [245] => protecting american investors from foreign-owned snd politically … [246] => protecting american investors from foreign-owned wnd politically … [247] => protecting american investors from foreign-owned qnd politically … [248] => protecting american investors from foreign-owned abd politically … [249] => protecting american investors from foreign-owned amd politically … [250] => protecting american investors from foreign-owned ajd politically … [251] => protecting american investors from foreign-owned ahd politically … [252] => protecting american investors from foreign-owned ahd politically … [253] => protecting american investors from foreign-owned ans politically … [254] => protecting american investors from foreign-owned anx politically … [255] => protecting american investors from foreign-owned anc politically … [256] => protecting american investors from foreign-owned anf politically … [257] => protecting american investors from foreign-owned anr politically … [258] => protecting american investors from foreign-owned ane politically … [259] => protecting american investors from foreign-owned and oolitically … [260] => protecting american investors from foreign-owned and lolitically … [261] => protecting american investors from foreign-owned and -olitically … [262] => protecting american investors from foreign-owned and 0olitically … [263] => protecting american investors from foreign-owned and pilitically … [264] => protecting american investors from foreign-owned and pklitically … [265] => protecting american investors from foreign-owned and pllitically … [266] => protecting american investors from foreign-owned and pplitically … [267] => protecting american investors from foreign-owned and p0litically … [268] => protecting american investors from foreign-owned and p9litically … [269] => protecting american investors from foreign-owned and pokitically … [270] => protecting american investors from foreign-owned and popitically … [271] => protecting american investors from foreign-owned and pooitically … [272] => protecting american investors from foreign-owned and polutically … [273] => protecting american investors from foreign-owned and poljtically … [274] => protecting american investors from foreign-owned and polktically … [275] => protecting american investors from foreign-owned and polotically … [276] => protecting american investors from foreign-owned and pol9tically … [277] => protecting american investors from foreign-owned and pol8tically … [278] => protecting american investors from foreign-owned and polirically … [279] => protecting american investors from foreign-owned and polifically … [280] => protecting american investors from foreign-owned and poligically … [281] => protecting american investors from foreign-owned and poliyically … [282] => protecting american investors from foreign-owned and poli6ically … [283] => protecting american investors from foreign-owned and poli5ically … [284] => protecting american investors from foreign-owned and politucally … [285] => protecting american investors from foreign-owned and politjcally … [286] => protecting american investors from foreign-owned and politkcally … [287] => protecting american investors from foreign-owned and politocally … [288] => protecting american investors from foreign-owned and polit9cally … [289] => protecting american investors from foreign-owned and polit8cally … [290] => protecting american investors from foreign-owned and politixally … [291] => protecting american investors from foreign-owned and politivally … [292] => protecting american investors from foreign-owned and politifally … [293] => protecting american investors from foreign-owned and politidally … [294] => protecting american investors from foreign-owned and politidally … [295] => protecting american investors from foreign-owned and politiczlly … [296] => protecting american investors from foreign-owned and politicslly … [297] => protecting american investors from foreign-owned and politicwlly … [298] => protecting american investors from foreign-owned and politicqlly … [299] => protecting american investors from foreign-owned and politicakly … [300] => protecting american investors from foreign-owned and politicaply … [301] => protecting american investors from foreign-owned and politicaoly … [302] => protecting american investors from foreign-owned and politicalky … [303] => protecting american investors from foreign-owned and politicalpy … [304] => protecting american investors from foreign-owned and politicaloy … [305] => protecting american investors from foreign-owned and politicallt … [306] => protecting american investors from foreign-owned and politicallg … [307] => protecting american investors from foreign-owned and politicallh … [308] => protecting american investors from foreign-owned and politicallu … [309] => protecting american investors from foreign-owned and politicall7 … [310] => protecting american investors from foreign-owned and politicall6 … [311] => protecting american investors from foreign-owned and politically ᰾ [312] => protecting american investors from foreign-owned and politically &#u230; [313] => protecting american investors from foreign-owned and politically &#i230; [314] => protecting american investors from foreign-owned and politically ␎ [315] => protecting american investors from foreign-owned and politically ῂ [316] => protecting american investors from foreign-owned and politically &#8q30; [317] => protecting american investors from foreign-owned and politically &#8w30; [318] => protecting american investors from foreign-owned and politically ₊ [319] => protecting american investors from foreign-owned and politically “ [320] => protecting american investors from foreign-owned and politically &#82w0; [321] => protecting american investors from foreign-owned and politically &#82e0; [322] => protecting american investors from foreign-owned and politically ‰ [323] => protecting american investors from foreign-owned and politically   [324] => protecting american investors from foreign-owned and politically &#823o; [325] => protecting american investors from foreign-owned and politically &#823p; [326] => protecting american investors from foreign-owned and politically &#823-; [327] => protecting american investors from foreign-owned and politically &#8230l [328] => protecting american investors from foreign-owned and politically &#8230p [329] => protecting american investors from foreign-owned and politically &#8230. ) </h1> </body>