SEC Beefs Up Proxy Voting Disclosure

Does meaningful proxy voting transparency reveal too much?

On November 2, 2022 the Securities and Exchange Commission finalized the first of its market data rule proposals. The amendments to form N-PX bring greater detail, consistency, and usability to the proxy voting information reported by mutual funds. These changes came in response to investors, who have said for nearly twenty years that they would benefit from more readily usable information and more details. But, new disclosures about proxy voting versus securities lending may have funds and their lending agents reexamining their policies and priorities. 

Monday, November 28, 2022/Author: David Schwartz J.D. CPA/Number of views (914)/Comments (0)/
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