CSA unveils new guidelines to fix shareholder voting counts

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Canada’s securities regulators want industry players involved in counting shareholder votes to agree to notify investors whenever they reject or prorate their votes because of problems in the voting process.

The Canadian Securities Administrators, an umbrella group for Canada’s provincial securities commissions, released a notice on Thursday laying out a new regime aimed at eliminating many of the problems that have plagued shareholder vote counts in Canada.

Read full article here.

JANET MCFARLAND – Globe and Mail – March 31, 2016.

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