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Weighted Ballot

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Weighted Ballot
After an oversubscription for a new issue, a ballot used to allot new shares in such a way that either those who have subscribed to larger or smaller portions of the issue receive a disproportionate amount. That is, the weighted ballot is used to allocate available shares in the new issue either to small investors or large investors.


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I am at a loss to see how this is an unfairly weighted ballot to parents.
Holding explained the weighted ballots -- determined primarily by members' dues based on their volume -- applied to public-policy decisions.
 
 
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