In the Margins

S&P says no to no voting rights

August 2, 2017

By TheStreet

The S&P 500 no longer adds the shares of companies that don't provide sufficient voting rights to investors, a move that means Snap Inc. shares would be excluded from the equity benchmark. The decision follows a similar judgement last week from FTSE Russell, a division of the London Stock Exchange Group, which dropped Snap shares from its indices following a consultation with its clients. Read the original story from TheStreet.