CSA Publishes Final Proxy Voting And Meeting Vote Reconciliation Protocols

The Canadian Securities Administrators (CSA) recently published the final form of CSA Staff Notice 54-305 Meeting Vote Reconciliation Protocols (Final Protocols) for enhancing the procedures involved in the tabulation of proxy votes for shares held through intermediaries.

BACKGROUND

The CSA first published for comment proposed protocols (Proposed Protocols) on March 31, 2016 as part of CSA Multilateral Staff Notice 54-304 Final Report on Review of the Proxy Voting Infrastructure and Request for Comments on Proposed Meeting Vote Reconciliation Protocols (see our April 2016 Blakes Bulletin: CSA Proposes Protocols to Improve Proxy Voting Infrastructure and Voting Reconciliation Process for more information).