Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Thursday, March 22, 2007

SEC Studies Empty Voting

The practice of "empty voting" -- where big investors vote shares they have borrowed but do not own -- is under scrutiny at the SEC.  Chairman Cox has asked the staff to study and provide recommendations by the end of the year.  See WSJ, Hedge Funds Vote (Often).

http://lawprofessors.typepad.com/securities/2007/03/sec_studies_emp.html

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