Series 24: 3.5.5.1. Shareholder Voting Rights

Taken from our Series 24 Online Guide

3.5.5.1. Shareholder Voting Rights

As shareholders, account owners are entitled to vote on matters of material importance. A majority vote of outstanding shares is required if an investment company wishes to:

Change its investment objectives

Approve or change its investment adviser or manager

Ratify its inde

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