Your customer owns 100 shares of ABC Corporation being held in street name. What procedure will apply regarding your customer's proxy?

Your customer owns 100 shares of ABC Corporation being held in street name. What procedure will apply regarding your customer's proxy?



A) The brokerage firm holding the shares must vote the proxy.

B) The customer is required to sign one proxy card for his 100 shares.

C) The brokerage firm must forward the proxy to your customer.

D) ABC Corporation must send a proxy to your customer.



Answer: C) The brokerage firm must forward the proxy to your customer.


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