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Proxy voting and delegated voting are procedures for the delegation to another member of a voting body of that member's power to vote in his absence. Proxy appointments can be used to form a voting bloc that can exercise greater influence in deliberations or negotiations. A person so designated is called a "proxy" and the person designating him is called a "principal."

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Wikipedia About Proxy Voting

Proxy voting and delegated voting are procedures for the delegation to another member of a voting body of that member's power to vote in his absence. Proxy appointments can be used to form a voting bloc that can exercise greater influence in deliberations or negotiations. A person so designated is called a "proxy" and the person designating him is called a "principal."

Riddick's Rules notes that under proxy voting, voting for officers should be done by ballot, citing the difficulties involved in authentication if a member simply calls out, "I cast seventeen votes for Mr. X."

Legislatures

The rules of some assemblies presently forbid proxy voting. For example, in both houses of the U.S. Congress, as well as in most if not all state legislatures, each member must be present and cast his own vote for that vote to be counted. This can result, however, in the absence of a quorum and the need to compel attendance by a sufficient number of missing members to get a quorum. See call of the house.

Various proposals have been made for a kind of automatic proxy voting in legislatures. For example, it has been proposed that instead of electing members from single-member districts (that may have been gerrymandered), members be elected at large, but when seated each member cast the number of votes he or she received in the last election. Thus, if, for example, a state were allocated 32 members in the U.S. House of Representatives, the 32 candidates who received the most votes in the at-large election would be seated, but each would cast a different number of votes on the floor and in committee. This proposal would allow for representation of minority views in legislative deliberations, as it does in deliberations at shareholder meetings of corporations.

The New Zealand Parliament allows proxy voting. Sections 155-156 of the Standing Orders of the New Zealand House of Representatives specify the procedures for doing so. A member can designate another member or a party to cast his vote. However, a party may not exercise proxies for more than 25% of its members (rounded upwards). The New Zealand Listener notes a controversial occurrence of proxy voting. The Labour Party was allowed to cast votes on behalf of Taito Phillip Field, who was frequently absent. Theoretically, this was only to be allowed if a legislator was absent on parliamentary business, public business or pressing private business, such as illness or bereavement.

Until the Republican reforms of 1995 banished the practice, proxy voting was also used in U.S. House of Representatives committees. Often members would delegate their vote to the ranking member of their party in the committee. Republicans opposed proxy voting on the grounds that it allowed an indolent Democratic majority to move legislation through committee with antimajoritarian procedures. That is, the Democratic leader in the committee would successfully oppose the sitting Republican majority by wielding the proxies of absent Democrats.

Search results for Proxy Voting

Oversight of Fund Proxy Voting

... respect to votes that departed from the proxy voting policy, were ... proxy voting service and direct a fund's vote where the adviser believes it is ...www.ici.org/issues/dir/ppr_08_proxy_voting.pdf

Proxy Vote

... shareholders the specific proxy votes that they cast in shareholder meetings ... A summary of the voting policy and procedures can be found in the Statement of ...dfaus.com/proxy_vote/

Homestead Funds | Proxy Voting

... a proxy research, advisory, voting, recordkeeping, and vote-reporting ... proxy voting records and, upon request, prepares reports concerning how votes ...www.homesteadfunds.com/PrivacyPolicy/ProxyVoting.htm

Proposed Rule: Disclosure of Proxy Voting Policies and Proxy Voting ...

... votes as recommended by an independent third-party proxy voting service) on ... and semi-annual reports to shareholders proxy votes (or failures to vote) that ...www.sec.gov/rules/proposed/33-8131.htm

Final Rule: Proxy Voting by Investment Advisers; Release No. IA-2106

... loyalty, the adviser must cast the proxy votes in a manner consistent with the ... advice about voting proxies but do not have authority to vote the proxies.11 ...www.sec.gov/rules/final/ia-2106.htm

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News about Proxy Voting

Cassie Goldring: Do It For Us: A 15 Year Old Speaks Out on the Election

HuffingtonPostYou are my voice; you are deciding the path that our country will head down; creating the consequences that my generation may be faced with if you do not choose the right path. http://www.huffingtonpost.com/cassie-goldring/do-it-for-us-a...

Shareholders talk of fighting Citi deal

The Charlotte ObserverThe bargain-basement price that Citi is paying for the bulk of Wachovia has plenty of the Charlotte bank's shareholders threatening to vote against the takeover. Charlotte businessman Mark Beck was so upset he started a Web site, www.wachoviavoteno.com, to urge fellow shareholders to register their displeasure. “I'm mad as hell,” said Beck, 52, who has had Wachovia shares in his family for 60 ...http://www.charlotteobserver.com/banking/story/226825.html

Shareholders look at fighting Citi deal

The Charlotte ObserverThe bargain-basement price that Citi is paying for the bulk of Wachovia has plenty of the Charlotte bank's shareholders threatening to vote against the takeover. Charlotte businessman Mark Beck was so upset he started a website, www.wachoviavoteno.com, to urge fellow shareholders to register their displeasure. “I'm mad as hell,” said Beck, 52, who has had Wachovia shares in his family for 60...http://www.charlotteobserver.com/banking/story/226578.html

Shareholders look at fighting Citi deal

The Charlotte Observer The bargain-basement price that Citi is paying for the bulk of Wachovia has plenty of the Charlotte bank's shareholders threatening to vote against the takeover. Charlotte businessman Mark Beck was so upset he started a website, www.wachoviavoteno.com, to urge fellow shareholders to register their displeasure. “I'm mad as hell,” said Beck, 52, who has had Wachovia shares in his family...http://www.charlotteobserver.com/breaking/story/226578.html

Banking and Financial

MondaqCanada: Will TSX SPACs Restore The Canadian IPO Market? The TSX has proposed rule changes to permit US-style SPAC listings in Canada. A SPAC is a 'special purpose acquisition corporation' formed to raise a minimum of $30 million to pursue an 'as yet to be identified' acquisition opportunity.http://www.mondaq.com/article.asp?articleid=67026

News about Proxy Voting

Shell investors advised to vote against pay report at AGM

Financial TimesShareholders in Royal Dutch Shell, Europe's biggest oil company, have been advised to vote down the UK group's remuneration report in protest against discretionary pay awards made to executives. RiskMetrics, the international proxy voting service ... http://www.ft.com/cms/s/0/71657196-390d-11de-8cfe-00144feabd...

Investors turn militant over director pay

Financial TimesThe turnout at meetings is higher, and a much higher level of votes is being cast against remuneration proposals in a number of countries, such as the Netherlands and Sweden,” says Jean-Nicolas Caprasse, head of proxy voting agency RiskMetrics ... http://www.ft.com/cms/s/0/d867b402-39a9-11de-b82d-00144feabd...

Holding(s) in Company

Asia Corporate News Network ... Limited) | | M&G Securities Limited (wholly owned subsidiary of M&G Limited) | +-----+ +-----+ | Proxy Voting ... http://www.acnnewswire.com/client_article.Asp?Art_ID=20623&l...

UPDATE 2-Governance body Pirc urges 'no' vote on Shell pay

ForbesManifest, an independent governance and proxy voting agency, also criticised Shell's remuneration report. (Editing by Joel Dimmock and Jon Loades-Carter) (For the Hedge Hub blog: http://blogs.reuters.com/hedgehub) (For Global Investing: http://blogs ... http://www.forbes.com/afxnewslimited/feeds/afx/2009/05/06/af...

MPP to probe allegations against MLA Shyamkumar

E-pao.netImphal, May 07 2009: The Manipur People Party today has decided to conduct an enquiry into the alleged collusion of the party MLA, Th Shyamkumar with the Congress in widespread proxy voting which the party has been charging to the Congress during the ... http://e-pao.net/ge.asp?heading=21&src=080509

Search results for Proxy Voting

Proxy Voting Services | RiskMetrics Group

70 of the 100 largest investment managers ; 42 of the 50 largest hedge funds; 43 of the 50 largest mutual fund companies; 16 of the 30 OECD central bankshttp://www.riskmetrics.com/proxy_voting

EC Proxy Voting Services

Top investment managers entrust EC Proxy Voting Service with their proxy voting responsibilities. EC Proxy offers competitive and flexible proxy services while providing ... http://ECPROXYVOTING.COM

Proxy Voting

Proxy Voting Policies and Procedures ... Conservative Alloc Fund: Moderate Alloc Fund: Aggressive Alloc Fund: Diversified Income Fundhttps://membersfunds.cunamutual.com/content.aspx?id=14627

Proxy Voting | SHARE

The voting rights attached to company shares are valuable assets and a critical part of responsible investment. SHARE’s proxy-voting service is designed to help institutional ... http://www.share.ca/proxy_voting&print

Proxy Voting Technology | RiskMetrics Group

70 of the 100 largest investment managers ; 42 of the 50 largest hedge funds; 43 of the 50 largest mutual fund companies; 16 of the 30 OECD central bankshttp://www.riskmetrics.com/proxy_voting/technology

Wikipedia results for Proxy Voting

Proxy voting - Wikipedia, the free encyclopedia

Proxy voting and delegated voting are procedures for the delegation to another member of a voting body of that member's power to vote in his absence.http://en.wikipedia.org/wiki/Proxy_voting

Proxy - Wikipedia, the free encyclopedia

Proxy voting, a vote cast on behalf of an absent person; Proxy war, a war where two powers use third parties as a substitute for fighting each other directlyhttp://en.wikipedia.org/wiki/Proxy

Absentee ballot - Wikipedia, the free encyclopedia

... usually only on request - who must then fill them out and return them, often with some form of certification by a witness and their signature to prove their identity. Proxy votinghttp://en.wikipedia.org/wiki/Absentee_voting

Proxy Governance, Inc. - Wikipedia, the free encyclopedia

Proxy Governance, Inc., is one of three prominent independent proxy advisory services in the United States. As such, it provides proxy voting recommendations on U.S. and non-U.S ... http://en.wikipedia.org/wiki/Proxy_Governance,_Inc

Asset voting - Wikipedia, the free encyclopedia

Asset voting or candidate proxy is a voting system which provides proportional representation by allowing all candidates to negotiate the outcome, using the votes cast for them as ... http://en.wikipedia.org/wiki/Asset_Voting
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Answers for Proxy Voting

stevecompanies act 2006 - restriction on number of proxy votes allowed by one attending voter at AGM private ltd costevetry http://www.blackdile.com proxies http://bdom.servebeer.com http://bmod.workisboring.com are their latest domains https://blackdile.com is their secure server i use it my collage they also ...hawnvballgirlWhat is the difference between "vote by proxy" and "vote by alternate"?hawnvballgirlBy proxy means letting someone else decide for you. By alternate can mean many things like the way you submit you're vote.critical sisterCan a proxy holder be found liable for his vote in an HOA? Or would it be the homeowner who gave the proxy?critical sisterDepends on the wording of the proxy. As a rule. the person casting the vote.pencil_looieis a proxy the same as a power of attorney?pencil_looieA proxy typically gives you the power to vote on behalf of someone else. A power of attorney gives you specific rights stated in the document. They are similar in that you act on behalf of the person ...PeachesIs it possible to do a proxy vote in WA state for the presidential election? ?Peachesno--you can cast your vote early, but you cannot give someone else the right to cast your vote for you. In any state.
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