DJIA52495.88 488.87
S&P 5007712.57 21.84
NASDAQ26424.82 -6.07
Russell 20002773.42 45.12
German DAX25304.42 -15.35
FTSE 10010733.00 -31.69
CAC 407838.49 -29.56
EuroStoxx 506124.75 -22.10
Nikkei 22564075.42 -841.28
Hang Seng23867.74 -319.09
Shanghai Comp3735.37 4.45
KOSPI5552.74 -215.27
Bloomberg Comm IDX143.33 -0.70
WTI Crude-fut109.14 -0.12
Brent Crude-fut101.09 -2.46
Natural Gas3.00 -0.03
Gasoline-fut3.14 -0.04
Gold-fut4144.80 -15.10
Silver-fut58.12 0.95
Platinum-fut1663.30 15.20
Palladium-fut1104.50 -16.00
Copper-fut6.62 0.04
Aluminum-spot3195.00 0.00
Coffee-fut310.10 -3.65
Soybeans-fut1247.50 -5.50
Wheat-fut642.75 -13.25
Bitcoin83012.25 1018.74
Ethereum USD2456.70 49.78
Litecoin61.31 1.72
Dogecoin0.08 0.00
EUR/USD1.1218 -0.0013
USD/JPY158.48 0.41
GBP/USD1.3301 -0.0030
USD/CHF0.8264 0.0006
USD IDX101.75 -0.23
US 10-Yr TR5.131 0.014
GER 10-Yr TR3.4166 0.0241
JAP 10-Yr TR2.905 0.004
Fed Funds4 0
SOFR3.87 -0.01
Connect News Money news for every market and every facet, every day.
Connect Money Events Live and virtual events bringing together the best of information and networking.
Financial Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Awards View the A-list of money & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for clear, concise news of maximum importance to the financial services industry.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Topics

Financial Advisory  + Wealth Management  |  December 28, 2022
SEC Approves Rules to Enhance Proxy Voting Disclosure by Registered Investment Funds
Joe Palmisano
By: Joe Palmisano

SEC Approves Rules to Enhance Proxy Voting Disclosure by Registered Investment Funds

The Securities and Exchange Commission adopted amendments to Form N-PX, which will require enhanced information on proxy votes from registered funds, including exchange-traded funds and mutual funds. 

The Commission also adopted a new rule requiring institutional investment managers to disclose how they voted on executive compensation, or so-called “say-on-pay” matters, as mandated under the Dodd-Frank Act of 2010. 

“I am pleased to support these amendments because they will allow investors to better understand and analyze how their funds and managers are voting on shares held on their behalf,” said SEC Chair Gary Gensler. 

The agency originally adopted a requirement in 2003 for registered funds to use Form N-PX annually to disclose certain details on how they voted for companies’ shares.  

The new rules and form amendments will be effective for votes occurring on or after July 1, 2023, with the first filings subject to the amendments due in 2024.

Connect

Inside The Story

SEC

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
Order Reprints