CSA Publish Progress Report on Review of the Proxy Voting Infrastructure
|Lawyer||Jonathan Feldman, Neill May|
|Area||Corporate Finance and Securities|
The Canadian Securities Administrators (CSA) published CSA Staff Notice 54-303 which reports on the progress made in their review of the proxy voting infrastructure and outlines their next steps in this initiative. The Staff Notice concludes that the current proxy voting infrastructure is antiquated and fragmented and needs improvement.