07/30/2014
https://www.congress.gov...
"I think that was the right decision."
"So one idea that has been floated as a way to increase the likelihood that when votes are cast they actually reflect the wishes of the investor who is the ultimate shareholder is client-directed votin..."
"I just want to start off with a quick observation about really a fantastic development over recent decades for small and retail investors, which is really the collapse in the fee structure."
"But you do not have that data?"