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Keith Johnson
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- Madison, WI
- United States
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Broker voting of proxies on uninstructed items
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Started this discussion. Last reply by James McRitchie Nov. 5, 2009.
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I hope you will also consider sending a comment to the SEC supporting our petition to prevent blank votes by retail shareowners from automatically turning into votes for management. No, it is not the same as broker voting. Broker voting is when no proxy is delivered. The blank vote issue is when a shareowner votes at least one item but leaves others blank... all the blanks go to management.
See http://www.corpgov.net/news/news.html#BlankVotes Your involvement could really help move the initiative forward. I'd like to ensure it is at least on the table with the proxy “plumbing” issues.
Please feel free to post on the blog and help us think through how we can use this site to reach out to retail investors. Rich