SIE Understanding Trading, Customer Accounts and Prohibited Activities Practice Question 59

Question: 59

Which of the following statements is true regarding proxies?

A. FINRA Rule 2251 governs proxies for owners of stocks, corporate bonds, and municipal bonds.

B. A FINRA member must provide proxy materials to the beneficial owner of stock whether or not the issuer provides enough copies of proxy materials.

C. A FINRA member must provide proxy materials to the beneficial owner of stock whether or not the issuer requests this service.

D. A shareholder may authorize another party to cast the votes which the shareholder is entitled to cast.