On June 30, the Staff of the Securities and Exchange Commission’s Divisions of Investment Management and Corporation Finance provided guidance on the proxy voting responsibilities of investment advisers, the use of proxy advisory firms and the applicability of the proxy rules to such firms. Davis Polk provides a summary of these items in their article on the use of proxy advisory firms for voting proxies.
Publication Date: 7/2014
File size: 91 KB
Posted with permission from Davis Polk, copyright 2014.