Blank Votes

Coverage continues to roll out on our petition to the SEC, which would amend a rule that allows blank proxy votes to go to management. See Don’t Let Companies Change Shareholders’ Blank Votes, Harvard Law School Forum on Corporate Governance and Financial Regulation, 6/2/09. Thanks also to Rosemary Lally of the Council of Institutional Investors for mentioning our petition in their May 14th Corporate Governance Alert and to Stephen Davis and Aaron Bernstein for informing the readers of Global Proxy Watch. Please read our petition and send your supporting comments to the SEC. (see submitted comments) Let's not drag this one out like the broker voting issue. The amendments are simpleand should be taken up this year so that next year this thumb will be off the scale.