Regulatory Alerts2022-12-22 | 2022-24292Added
Enhanced Reporting of Proxy Votes by Registered Management Investment Companies; Reporting of Executive Compensation Votes by Institutional Investment Managers
The Securities and Exchange Commission adopted final rules amending Form N-PX to enhance the disclosure and analysis of proxy voting records by registered management investment companies. The amendments require funds to categorize voting matters, use issuer-specific language, and report in structured data, while also mandating that institutional investment managers report their votes on executive compensation matters. These changes aim to improve investor access to voting information and complete the implementation of Dodd-Frank Act requirements regarding say-on-pay votes.
Topics
Share