Permainan judi slot online terbaik

slot hoki terpercaya

  • About
  • Contact
  • Privacy Policy
  • bitcoinBitcoin$23,409.000.16%
  • ethereumEthereum$1,679.181.31%
  • xrpXRP$0.4150231.01%
  • bitcoin cashBitcoin Cash$139.091.24%
Cryptovibes.com - Daily Cryptocurrency and FX News
  • Home
  • News
  • Analysis
  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Bitcoin Prime
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR
No Result
View All Result
Cryptovibes.com - Daily Cryptocurrency and FX News
No Result
View All Result

Institutional Investors wants SEC to Authorize Blockchain Proxy Voting

The Council of Institutional Investors wants the SEC to shift from focusing on policy issues associated with shareholder proposals and proxy advisers and instead focus on proxy voting.

John Wanguba by John Wanguba
February 7, 2019
in Crypto news
Reading Time: 5min read
TBNIT / Pixabay.com / US Dollar

TBNIT / Pixabay.com / US Dollar


Notice: Trying to get property 'child' of non-object in /var/www/html/cryptovibes.com/wp-content/themes/jnews/class/ContentTag.php on line 45

Notice: Undefined index: sfsi_plus_round_counts in /var/www/html/cryptovibes.com/wp-content/plugins/ultimate-social-media-plus/libs/sfsi_widget.php on line 708

Notice: Undefined index: sfsi_plus_round_counts in /var/www/html/cryptovibes.com/wp-content/plugins/ultimate-social-media-plus/libs/sfsi_widget.php on line 797

Notice: Undefined index: sfsi_plus_round_counts in /var/www/html/cryptovibes.com/wp-content/plugins/ultimate-social-media-plus/libs/sfsi_widget.php on line 1018
Rate this post

The Council of Institutional Investors (CII) has recently called on the Securities and Exchange Commission (SEC) to set off a formal comment procedure to give guidelines on the use of blockchain technology in proxy voting.

Jeffrey P. Mahoney, general counsel, and Ken Bertsch, executive director of CII, addressed the SEC in a letter dated Jan. 31 stating that the watchdog should focus its efforts, particularly on proxy system mechanics. The CII wants the SEC to shift from focusing on policy issues associated with shareholder proposals and proxy advisers and instead focus on proxy voting.

In November 2018, the SEC hosted roundtable discussions seeking input from all the stakeholders in the industry on improving the proxy voting system. During that meeting, Mr. Bertsch supported looking into using blockchain technology in proxy voting as a viable method of streamlining the entire process. The implementation of this technology would boost security and privacy, guarantee vote confirmation, and minimize mailing costs.

Innovators are ‘Waiting at the Gates’

Since the November meeting, CII stated that they have met with several firms developing blockchain-based solutions to share voting and ownership. According to the letter, the innovators are literally waiting at the gates of the public capital markets keen to enter but they are locked out by outdated regulations.

The Council of Institutional Investors believes that the SEC should work directly with the private sector innovators and issuers willing to adopt the new technologies and create case-by-case regulatory relief. The whole process may comprise individual guidance, no-action letters, and/or exemption orders.

CII suggests that the issuers would first require clarity through regulatory relief for a blockchain-based system of share ownership could be successfully implemented. The new technologies provide many solutions to the SEC’s worries about moving beyond an intermediated system of share ownership, clearance, and also a settlement. However, the old rules prohibit the solutions’ deployment in the public capital markets.

Blockchain-based Solution

With the implementation of a blockchain-based network of share ownership, the existing issuers have the capability to elect to recall their fungible bundle of securities straight from the (Depository Trust Co.). On the other hand, they can record share ownership digitally on the blockchain with every share distinctly identified cryptographically as being owned by a beneficial owner.

The CII also requested the SEC to adopt a rule that is comparable in scope to its 2016 proposed rule that would make it necessary for the use of universal proxies in any contested elections as something to think about. The move would enable investors to divide their tickets in proxy contests to serve the principle that shareholders voting by proxy must have similar voting privileges as those who vote in person.

Like what you're reading? Subscribe to our top stories

OR Follow us:

Like Page
Like Page
Follow
Visit Us
Follow Me
Follow
LINKEDIN
YOUTUBE

Tags: BlockchainCIIinstitutional investorsJeffrey P. MahoneyKen BertschSECSecurities and Exchange CommissionTechnologyVoting

Related Posts

Crypto-Related Enforcement Actions By US States Increased Steeply In 2022 – Report
Crypto news

Crypto-Related Enforcement Actions By US States Increased Steeply In 2022 – Report

February 3, 2023
Digital Asset Investment Products Record Largest Inflows Since July 2022 – Report
Analysis

Digital Asset Investment Products Record Largest Inflows Since July 2022 – Report

January 30, 2023
Polkadot Insists That DOT Has ‘Morphed’ From Security Status
Blockchain

Polkadot Insists That DOT Has ‘Morphed’ From Security Status

January 27, 2023
Facebook Twitter Instagram Telegram RSS Youtube

Newsletter

Like what you're reading? Subscribe to our top stories
situs qq online terpercaya
probola
Menyajikan live score bola terkini
www.jamberrynails.net
adtoken.com
Agen bola
judi online slot
daftar judi slot terbaru
situs BandarQQ Online
Situs judi online Terpercaya
poker online
judi bola
slot pragmatic
situs judi bola
situs judi bola
pragmatic play
judi bola
Situs Slot TOS885

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

No Result
View All Result
  • Home
  • News
  • Analysis
  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Bitcoin Prime
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

Situs sbobet resmi terpercaya. Daftar situs slot online gacor resmi terbaik. Agen situs judi bola resmi terpercaya. Situs idn poker online resmi. Agen situs idn poker online resmi terpercaya. Situs idn poker terpercaya.

situs idn poker terbesar di Indonesia.

List website idn poker terbaik.
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.