Proxy Voting

Under federal law, an investment adviser is a fiduciary.104 With respect to securities lending, advisers have a fiduciary duty to consider the tradeoffs between continuing ...

This is the SEC's proposed new Form N-PX as part of a proposed rule that would require new reporting of proxy votes by mutual funds ...

Should this latest proposal be finalized, institutional managers would, for the first time, face this same mandate but only for say-on-pay

The second part of this proposal is to bring greater consistency, transparency, and usability of Form N-PX. This would allow investors to more easily understand ...

At the risk of apostasy, I posit that proxy voting is not the most important activity in which a fund engages.  Although a fund’s voting ...

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 ...

The proposal would introduce several important new features to enhance voting disclosure, including requirements for funds and managers to standardize the description of matters voted ...

Form N-PX amendments and exec comp disclosures are addressed in the proposals

A peer's checklist for use by compliance staff to assess if a proxy vote would run into a conflict with the firm. This includes procedures ...

A peer shares the RIA's compliance manual, complete with numerous P&Ps