MSCI says has started internal probe on ISS issue

MSCI says "On February 10, a New York Post reporter contacted ISS, a wholly owned subsidiary of MSCI, stating that a whistleblower had made a complaint to the Securities & Exchange Commission. According to the reporter, the complaint alleges that an ISS employee had provided client voting data to proxy solicitors in return for cash and other gifts. Although we have not been contacted by the SEC or seen a complaint, ISS is treating this matter extremely seriously. The confidentiality of client information is essential to our business, and is emphasized in the ISS Regulatory Code of Ethics and the training of our employees. We launched an internal investigation into the matter and have placed the employee identified by the reporter on administrative leave while we further investigate the allegations."