Final rule; request for comments on Paperwork Reduction Act burden estimate.
Category
final-rule
Agency
US Securities and Exchange Commission
Publication date
2003-02-07
Effective date
2003-04-14
Docket
Release Nos. 33-8188, 34-47304, IC-25922
Abstract
The Securities and Exchange Commission is adopting rule and form amendments under the Securities Act of 1933, the Securities Exchange Act of 1934, and the Investment Company Act of 1940 to require registered management investment companies to provide disclosure about how they vote proxies relating to portfolio securities they hold. These amendments require registered management investment companies to disclose the policies and procedures that they use to determine how to vote proxies relating to portfolio securities. The amendments also require registered management investment companies to file with the Commission and to make available to shareholders the specific proxy votes that they cast in shareholder meetings of issuers of portfolio securities.