ICYMI, 2022 wasn't the first year corporate votes were discarded. And it won't be the last until SEC puts #ProxyPlumbing back on the front burner!
#Shorts#FTDs#StockLoans
“The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy.”
— Ludwig von Mises
HIGHLY unlikely that Jim Jordan would help #HouseholdInvestors. Voting records shows he opposes consumer protection and financial regulation. He voted against Dodd-Frank and signed the amicus brief against @CFPB appeal to SCOTUS.
If #Household investor moves from Street Name to #DRS direct registration, it can only be done w/real share. Transfer agent/registrar is responsible for keeping number registered shares = issued & outstanding.
Broker w/only phantoms, must find an excuse to refuse #DRS.
The 3-month Treasury yield has been higher than the 10-year Treasury yield since Oct 2022. Inverted yield curve => predicts recession.
👇 [Graph of 10-year % minus 3-month %. Negative means 3-month yield is higher [inverted].)
To be completely accurate @ape_attack_ , some part of that 65% are entitlement holder votes that go tossed by Broadridge on instructions from brokers who paid them a fee for the privilege of disenfranchising Household Investors.
Just sayin' https://t.co/uNsAEUckRp
Brand new Funko POP!s are being revealed at San Diego Comic Con!
Check out the Indiana Jones: Temple of Doom Short Round Bobblehead: https://t.co/fzveWWwSW3
Last year Broadridge processed 501.3B shares BEFORE Overvote Service; and 494.3B AFTER=> 7 billion votes tossed=> brokers collected more votes than they had shares. P4👇🏼*Note: at bottom.
How many shareholders were disenfranchised in 2023?
https://t.co/PsONzqgGh9
If brokers, banks, depository, @SECgov can’t keep track of who has shareholder voting right when shares are lent #StockLoan, how do they expect us to believe it helps to add derivatives to the mix? [link to abstract/citation; check library for access]
https://t.co/V1vxkNpRU8