Proxy Voting - SEC Staff Legal Bulletin No. 20

Just released, the SEC has provided guidance for investment advisors and proxy advisory firms regarding their responsibilities in voting shares and/or advising clients. This guidance was released on the heels of recent discussions in Congress on the issue. It is not clear whether this guidance will go far enough to satisfy Congress's concerns regarding the conflicts that exist amoung the parties and how these conflicts are disclosed and managed.

Read SEC Staff Legal Bullentin No. 20

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Contact Marc Stockwell, Principal, for clarification on how this update will affect your organization, 419.327.4122 or This email address is being protected from spambots. You need JavaScript enabled to view it..