Mutual Funds

"One approach might be to eliminate the NOBO/OBO distinction and permit investors who choose to remain anonymous to appoint a nominee who could be contacted by issuers." Paul Schott Stevens, Investment Company Institute, Statement at SEC Roundtable Discussion on Proxy Voting Mechanics, May 24, 2007.

"We therefore recommend that SEC rules be amended to eliminate the NOBO/OBO distinction and permit investors who choose to remain anonymous to appoint a nominee who could be contacted by issuers." Elizabeth Krentzman, Investment Company Institute, Comment Letter to the New York Stock Exchange, July 18, 2006.

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