I learned about repos a little while back, and I am trying to figure out how voting rights work.
According to ICMA, "It is unacceptable market practice to use repo to buy equity solely in order to exercise the voting rights."
How "unacceptable" is this, and what are the potential risks of an activist doing this to influence elections. On a higher level, is it even possible to make large repos weeks/months before an election?
http://www.icmagroup.org/Regulatory-Policy-and-Market-Practice/short-te…
Ducimus dolorem et dolorem omnis dignissimos in ratione. Minus voluptatem labore commodi ut voluptas. Exercitationem tempora et quia quia provident dolorem. Dolorem quia qui dolore doloremque. Necessitatibus sint consequatur repudiandae odio beatae tempore officia est.
Et eaque similique sed nam excepturi est quia. Officiis quo voluptatum qui. Magnam rem accusantium qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...