In a proxy contest, a member firm holding securities in street name for clients who are beneficial owners must:
A) send the proxy material to the beneficial owners at the issuing company's expense.
B) send the proxy material to the beneficial owners at the member firm's expense.
C) vote the proxies as it wishes.
D) send a list of the beneficial owners' names and addresses to the issuing company so that it may send proxy materials to those owners.
Answer: A) send the proxy material to the beneficial owners at the issuing company's expense.