Is The INDEX Act Workable?
A bold experiment that is, on balance, likely to lead to worse governance outcomes.
Source: forbes.com
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Senate Bill Introduced Require Passively-Managed Funds
Last week a bill was introducued to require passively managed funds to vote proxies as instructed by their investors. The Bill Contains coverage of covered funds. 1% Voting power limitations, Routine Matters Exception, Mirror Voting Exception,Cost Burden and Safe Harbor
Source: natlawreview.com