SEC Proposes to Amend Form N-PX

The SEC also proposed a new rule (Rule 14Ad-1) and form amendments under the Securities Exchange Act of 1934 (Exchange Act) that would require an institutional investment manager subject to Section 13(f) of the Exchange Act to report annually on Form N-PX how it voted proxies relating to executive compensation matters (i.e., “say-on-pay”), as required by Section 14A of the Exchange Act. READ MORE