'But these secretive companies can have a disruptive impact on publicly traded companies that affects workers and retirement investors.'" According to the FT, a Chamber representative, in calling for better oversight by government agencies, contended that the "proxy advice industry is dominated by two firms who have become de facto corporate governance standard setters." A case for more comprehensive reform of the proxy advisory industry was also presented in this 2018 proxy season survey from Nasdaq and the U.S. Chamber of Commerce's Center for Capital Markets Competitiveness.