United States:
SEC Releases Guidance On Investment Advisers' Proxy Voting Responsibilities
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On August 21, the Securities and Exchange
Commission
(SEC) provided guidance for
investment advisers in fulfilling their proxy voting
responsibilities. The Commission also issued an interpretation that
proxy voting advice provided by proxy advisory firms generally
constitutes a "solicitation" under the federal proxy
rules. Release.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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