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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."

United States law on proxies

Proxy is defined by supreme courts as "an authority or power to do a certain thing." A person can confer on his proxy any power which he himself possesses. He may also give him secret instructions as to voting upon particular questions. But a proxy is ineffectual when it is contrary to law or public policy. Where the proxy is duly appointed and he acts within the scope of the proxy, the person authorizing the proxy is bound by his appointee's acts, including his errors or mistakes. When the appointer sends his appointee to a meeting, the proxy may do anything at that meeting necessary to a full and complete exercise of the appointer's right to vote at such meeting. This includes the right to vote to take the vote by ballot, or to adjourn (and, hence, he may also vote on other ordinary parliamentary motions, such as to refer, postpone, reconsider, etc., when necessary or when deemed appropriate and advantageous to the overall object or purpose of the proxy).

A proxy cannot vote when the principal himself is present and votes. He can vote only in the principal's absence. Where the authority conferred upon a proxy is limited to a designated or special purpose, a vote for another and different purpose is ineffective. A proxy in the usual, ordinary form confers authority to act only at the meeting then in contemplation, and in any adjourned-meetings of the same; hence, it may not be voted at another or different meeting held under a new call. A proxy's unauthorized acts may be ratified by his appointer, and such ratification is equivalent to previous authority. According to the weight of authority, a proxy only to vote stock may be revoked at any time, notwithstanding any agreement that it shall be irrevocable. The sale in the meantime by a stockholder of his shares in a corporation or company automatically revokes any proxies made or given to vote in respect of such shares. And a proxy is also revoked where the party giving it attends the election in person, or gives subsequent proxy. Hence, a proxy cannot vote when the owner of the stock arrives late or is present and votes.

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.

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

Institutional Shareholder Services (ISS)

CSR WireSince 1985, Institutional Shareholder Services (ISS) has met the diverse and rapidly evolving needs of the institutional investor community by delivering leading proxy voting and corporate governance solutions. ISS responds to the evolution of the ... http://www.csrwire.com/profile/2457.html

Allot Communications Ltd. Announces the 2008 Annual Meeting of ...

ForbesIn each case, the affirmative vote of the holders of a majority of the voting power represented at the Annual Meeting in person or by proxy and voting thereon (excluding abstentions) is necessary for the approval of each proposal. Only shareholders of ... http://www.forbes.com/prnewswire/feeds/prnewswire/2008/10/10...

Noront Advises Shareholders of Unwarranted Proxy Contest Launched by ...

Market WireShareholders with questions or needing a WHITE proxy and requiring assistance in voting their WHITE proxy are encouraged to call Georgeson, North American toll-free, 1-866-682-6157. ON BEHALF OF THE BOARD OF DIRECTORS: R. Nemis, President and Chief ... http://www.marketwire.com/press-release/Noront-Resources-Ltd...

Securities and Exchange Commission (SEC) Clears Proxy Statement Filed ...

EarthtimesMichael Shack, among other items as listed in the proxy statement. If you have any questions or need assistance voting your shares, you can reach MacKenzie Partners, Inc. at (212) 929-5500 or via e-mail at proxy@mackenziepartners.com ... http://www.earthtimes.org/articles/show/securities-and-excha...

Shame on Tufts for not investing openly and responsibly

Tufts Daily ... Committee on Shareholder Responsibility (ACSR), a committee intended to be representative of the Tufts community -- faculty, undergraduate students, graduate students, administrators and alumni -- to provide representative input into the proxy voting ... http://www.tuftsdaily.com/1.778500

Search results for Proxy Voting

Proxy Voting

Go to Proxy Voting History. Proxy Voting Policies and Procedures Summary Statement of Principles. Evergreen Investment Management Company LLC (Evergreen) recognizes it has a ... http://www1.evergreeninvestments.com/eicom/pub/dctmcontent.g...

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

The voting site is closed. Thank you for your interest. http://www.proxyvoting.com/rnwk/

SWIFT - Solutions - - Proxy Voting

SWIFT - Solutions - - Proxy Voting ... Proxy Voting Raising the bar for the entire meeting and proxy voting processhttp://www.swift.com/index.cfm?item_id=63149

Proxy Voting

Please contact Karen Naughton at (303) 282-4800 if you have any questions.http://vote.corporatestock.com/
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Answers for Proxy Voting

steve

companies act 2006 - restriction on number of proxy votes allowed by one attending voter at AGM private ltd co

stevetry 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 ...
hawnvballgirl

What 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 sister

Can 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_looie

is 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 ...
Peaches

Is 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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