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Be Careful What You Wish For: Four Potential Consequences of “Pass-Through” Voting for Companies

Earlier this year, Republican Senators introduced the “INDEX” Act that would require passively managed funds to vote proxies in accordance with the instructions from their clients. The proposed bill followed the announcement of BlackRock’s “Voting Choice” initiative that provides clients the option to vote proxies themselves. Vanguard and SSGA have…

December 5, 2022
By Martha Carter, Matt Filosa, Sydney Carlock & Sean Quinn