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
Yesterday, the SEC’s climate disclosure rules made it into the Federal
Register. That means that the rules will be effective on May 28th (although
complian...
4 hours ago
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