Proxy Voting Content

Viewpoints https://www.ici.org/viewpoints/view_18_proxy_environment NOVEMBER 5, 2018 Funds and Proxy Voting: The Mix of Proposals Matters BY MORRIS MITLER, SEAN COLLINS, AND DOROTHY DONOHUE Proxy voting is in the news and on the minds of policymakers, corporate executives, and...

During the 2017 proxy voting season, registered investment companies—including mutual funds, exchange-traded funds (ETFs), and closed-end funds—cast more than 7.6 million votes for proxy proposals submitted by either management or shareholders of corporations held in the funds'...

Any registered fund that holds companies' stocks in its portfolio has a duty to consider proxy proposals offered by those companies—and to act in the best interests of the fund and its shareholders. These funds also have a regulatory obligation to report those votes. As the only...

Proxy voting is in the news and on the minds of policymakers, corporate executives, and investors. The Securities and Exchange Commission (SEC) will focus on a number of issues related to proxy advisory firms, shareholder proposals, and technology and innovation to make the proxy...

ICI has filed a comment letter calling on the Securities and Exchange Commission (SEC) to overhaul the framework for fees that funds are required to pay to vendors when intermediaries such as broker-dealers hire those vendors to distribute legally required reports and disclosures to...

Policymakers and regulators at the US Securities and Exchange Commission (SEC) have renewed their interest in proxy voting issues recently. Among the items under discussion at an upcoming SEC Roundtable is the idea that a fund would only be allowed to vote on portfolio company proxies...

A key assertion in "Cracking the Proxy Racket" (The Wall Street Journal's Review & Outlook, September 18) is that asset managers vote "in block" to support recommendations set forth by advisory firms like Glass Lewis and Institutional Shareholder Services. Such statements ought to be...

August 20, 2018 Mr. Donald S. Clark Secretary Federal Trade Commission Office of the Secretary 600 Pennsylvania Avenue NW Suite CC–5610 (Annex C) Washington, DC 20580 Re: Competition and Consumer Protection in the 21st Century Hearings (Project Number P181201) Dear Mr. Clark: The...

pub_17_fund_governance.pdf

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