The FTC told Glass Lewis it was investigating whether it and others may have engaged in "unfair methods of competition," according to a letter sent in late September that was reviewed by the WSJ. Glass Lewis acknowledged to the WSJ that it received the letter, though it declined to comment further. ISS declined to comment.

Fannie Mae's ethics team faced dismissals after investigating FHFA Director Bill Pulte's alleged improper access to mortgage records.

An FTC investigation is focused on how proxy advisers steer investors on climate and ESG issues.

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Zoe Kuhlkin: Here's your midday brief for Thursday, October 23rd. I'm Zoe Kuhlkin for the Wall Street Journal. Portland Trail Blazers ...