Agree with the author, but how will a ban on non-voting share classes be introduced? As with many Governance issues there is no effective forum to push through reforms and defend the ordinary investor as the Fiduciaries among the investment industry are only providing pious wishes.
(8-June-2017)
Snap and the Rise of No-Vote Common Shares
The comments are rolling in on the SEC’s semiannual reporting proposal – so
far, many of the submissions are from individual investors who oppose (or
stron...
7 hours ago
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