Many of us--thanks to the growth of online brokering--now hold our investments in nominee accounts. As a result, we often do not get the shareholder rights we would ordinarily receive if we held them directly in our own names.
This is particularly galling for those of us invested for the long haul. Not being able to vote on the key decisions offered to investors means we are not able to express our views (both good and bad) to those directors who are, ultimately, responsible for the running of the company and, indeed, some of our capital.
