SEC Provides Guidance on Proxy Voting By Registered Investment Advisers

August 30, 2019

On August 21, 2019, the Securities and Exchange Commission issued guidance (Guidance) on the proxy voting and disclosure responsibilities of registered investment advisers under the Investment Advisers Act of 1940, as amended. The Guidance discusses, among other matters, the ability of investment advisers to establish a variety of different voting arrangements with their clients and matters they should consider when they use the services of a proxy advisory firm.

Seward & Kissel has recently prepared a memorandum that discusses the guidance in greater detail.


Compliance, Investment Advisers, Investment Companies, Mutual Funds, Regulatory