The SEC has started a new webpage titled, “Spotlight on Proxy Matters” to provide investors with general information on the mechanics of proxy voting, the e-proxy rules, corporate elections, and proxy matters generally.
The website includes frequently asked questions regarding corporate elections and voting procedures and may be a direct response to the decline in proxy voting by retail shareholders that has occurred since e-proxy was implemented. In announcing the website, the SEC stated that the goal of the new program is increased investor participation in corporate elections.
