
What happens if a shareholder vote?
As I understand the fine print on the back of my proxy form, if my actions do not vote, the broker has the discretionary option to vote my proxy? (My agent also alleges that they would vote in line with the recommendation of the board of directors.) Unable to operate a brokerage of this option and the votes cast at will?
Brokerage will not vote. If you do not vote, by default you agree with what company officials are proposing. So really you are shooting in the foot, especially if you do not read what is pulling you. Rival
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