No, participants in the Stock Yield Enhancement Program do not retain voting rights for shares loaned out. The borrower of the securities has the right to vote or provide any consent with respect to the securities if the Record Date or deadline for voting, providing consent or taking other action falls within the loan term.
Do participants in the Stock Yield Enhancement Program retain voting rights for shares loaned?
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Why are my shares not being lent, even though I am enrolled in the Stock Yield Enhancement Program (SYEP)?
Do participants in the Stock Yield Enhancement Program retain voting rights for shares loaned?
Can a client write covered calls against stock which has been loaned out through the Stock Yield Enhancement Program and receive the covered call margin treatment?
Can a client write covered calls against stock which has been loaned out through the Stock Yield Enhancement Program and receive the covered call margin treatment?