By Ross Kerber

(Reuters) -A top Glass Lewis executive said the firm may register itself as a U.S. investment adviser, which would subject it to more regulation but potentially assuage criticism from corporate executives and Republican politicians over its proxy voting recommendations.

“We’re seriously considering registration as an investment adviser” with the Securities and Exchange Commission in Washington, Glass Lewis Chief Strategy Officer Cheryl Gustitus told Reuters in an interview on Friday.

Gustitus did not give a timeline on when the company, owned by Canada’s Peloton Capital Management and its Chairman Stephen Smith, might make a decision. But she said that the matter should be seen in conjunction with other steps Glass Lewis has taken to recast the influential role it plays i

See Full Page