What happens to all the unused votes when shares are held in street name?
What happens to all the unused votes when shares are held in street name?
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Flux · External communityPost link
External question — Personal Finance Stack Exchange
Author: Flux
Original post: https://money.stackexchange.com/questions/133266
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
Adaptation: HTML converted to plain text; contact email addresses removed.
Suppose there is an upcoming shareholder vote. If my shares are held in street name, and I decide not to participate in the vote, what will happen to the votes that I don't cast? Can my broker use my shares to vote in any way they want?
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Quoted from Forex.com.bd-Editorial External question — Personal Finance Stack Exchange Author: Flux Source score (net votes, not local likes): 1 Original post: https://money.stackexchange.com/questions/133266 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. Suppose there is an upcoming shareholder vote. If my shares are held in street name, and I decide not to participate in the vote, what will happen to the votes that I don't cast? Can my broker use my shares to vote in any way they want?
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