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Senate Bill Introduced Require Passively-Managed Funds - Vimarsana News

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

Bill Would Require Passively-Managed Funds To Vote Proxies As Instructed By Investors | Allen Matkins - Vimarsana News

Bill Would Require Passively-Managed Funds To Vote Proxies As Instructed By Investors | Allen Matkins

Last week, U.S Senator Dan Sullivan introduced a bill to require passively managed funds to vote proxies as instructed by their investors.  I have not seen a copy of the bill yet, but...