Finance & investing
Retail investors can now vote their own shares.
11 min
New 'proxy voting' technologies are finally allowing individual retail investors to cast votes on corporate boards instead of letting Vanguard decide. This shift in the plumbing of Wall Street is stripping power from the 'Big Three' for the first time in decades.
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Show notes
Analysis of the 'Big Three' asset managers' shift toward pass-through voting.
Details on the SEC's twenty twenty-five no-action letter to ExxonMobil.
Statistics on retail investor participation rates in the twenty twenty-four and twenty twenty-five proxy seasons.
The impact of fintech platforms like Broadridge and Civex on shareholder engagement.
How the decline in ESG proposals is linked to new regulatory and voting structures.
In this episode
- 1Intro1 min
- 2The Proxy Power Vacuum2 min
- 3The Rise of Pass-Through Voting3 min
- 4The Exxon Precedent and SEC Shifts3 min
- 5The Fragmentation of Corporate Governance3 min
- 6Outro1 min
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