SIE - Securities Industry Essentials Exam
An investor holds common stock that provides for statutory voting. When voting for board of director vacancies,the number of votes does the investor gets for each vacancy is determined by the number of
Vacant positions on the boardA
Shares owned by the shareholderB
Directors that are present and not present at the shareholder meetingD
Under statutory voting, the number of shares that the shareholder owns determines the number votes for each vacancy on the board of directors.