17 CFR 275.206(4)-6
§ 275.206(4)-6 Proxy voting.
United States · 17 CFR — Commodity and Securities Exchanges · Status: effective
Cite this
- Citation
- 17 CFR 275.206(4)-6, § 275.206(4)-6 Proxy voting, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/70176
- Permanent ID
ys:prov:70176@1- SHA-256
4170ecd4a7167850fbc45168b43e80d25243a99470464ea429726994ea6cfeee
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Full text
If you are an investment adviser registered or required to be registered under section 203 of the Act (15 U.S.C. 80b-3), it is a fraudulent, deceptive, or manipulative act, practice or course of business within the meaning of section 206(4) of the Act (15 U.S.C. 80b-6(4)), for you to exercise voting authority with respect to client securities, unless you:
(a) Adopt and implement written policies and procedures that are reasonably designed to ensure that you vote client securities in the best interest of clients, which procedures must include how you address material conflicts that may arise between your interests and those of your clients;
(b) Disclose to clients how they may obtain information from you about how you voted with respect to their securities; and
(c) Describe to clients your proxy voting policies and procedures and, upon request, furnish a copy of the policies and procedures to the requesting client.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.