SEC Commissioner Roisman offers limited support of new proposal

It is true that funds have come to own a huge percentage of U.S. corporate equities and can influence the outcome of a variety of matters that companies submit to a shareholder vote.[3]  For this reason, over the past three years, the Commission undertook several steps to ensure that investment advisers, including those managing funds, approach voting seriously and in the best interests of their clients

To read this article, you need to sign in.


You should only be asked to sign in once. Not the case? Click here


New to Regulatory Compliance Watch?

Register now to read this article and more for free.