{
  "legislationId": "119_HR_8265",
  "lastUpdate": "2026-04-17T11:27:51.481Z",
  "history": [
    {
      "timestamp": "2026-04-17T11:27:51.481Z",
      "source_url": "https://www.congress.gov/119/bills/hr8265/BILLS-119hr8265ih.htm",
      "model": "gemini-flash-lite-latest",
      "prompt_sent": "\nROLE: Fact Checker.\nZADANIE: Porównaj SOURCE (oryginał) i SUMMARY (streszczenie przygotowane przez inne AI).\n\nTwoim celem jest wykrycie \"ZMYŚLONYCH KONKRETÓW\" (Fabricated Entities) w SUMMARY.\n\nSOURCE:\n[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8265 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 8265 To amend the Investment Advisers Act of 1940 to establish requirements for proxy voting of passively managed funds, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 14, 2026 Mr. Huizenga introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Investment Advisers Act of 1940 to establish requirements for proxy voting of passively managed funds, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Empowering Shareholders Act of 2026''. SEC. 2. PROXY VOTING OF PASSIVELY MANAGED FUNDS. (a) In General.--The Investment Advisers Act of 1940 (15 U.S.C. 80b-1 et seq.) is amended by inserting after section 208 (15 U.S.C. 80b-8) the following: ``SEC. 208A. PROXY VOTING OF PASSIVELY MANAGED FUNDS. ``(a) Investment Adviser Proxy Voting.-- ``(1) In general.--An investment adviser that holds authority to vote a proxy solicited by an issuer pursuant to section 14 of the Securities Exchange Act of 1934 (15 U.S.C. 78n) in connection with any vote of covered securities held by a passively managed fund shall-- ``(A) vote in accordance with the instructions (which may include the selection of a published voting policy) of the beneficial owner (or fiduciary or other designee with proxy voting authority on their behalf) of a voting security of the passively managed fund; ``(B) vote in accordance with the voting recommendations of the board of directors (or similar governing body) of such issuer; ``(C) abstain from voting such securities but make reasonable efforts to be considered present for purposed of establishing a quorum; or ``(D) pursuant to rules issued by the Commission, instruct vote tabulators to make a reasonable effort to mirror vote shares to reflect the elections of the other shareholders in the covered security. ``(2) Exception.--Paragraph (1) shall not apply with respect to a vote on a routine matter. ``(b) Safe Harbor.--With respect to a routine or non-routine vote, voted in the manner required by subsection (a)(1), an investment adviser shall not be liable to any person under any law or regulation of the United States, any constitution, law, or regulation of any State or political subdivision thereof, or under any contract or other legally enforceable agreement (including any arbitration agreement), for any of the following: ``(1) Voting in accordance with the instructions of the beneficial owner (or that beneficial owner's designee with proxy voting authority) of a voting security of the passively managed fund. ``(2) Not soliciting voting instructions from any person. ``(3) Voting in accordance with the voting recommendations of an issuer under subsection (a)(1)(B) with respect to such vote. ``(4) Abstaining from voting in accordance with subsection (a)(1)(C) with respect to such vote. ``(5) Instructing vote tabulators to make a reasonable effort to mirror vote shares to reflect the elections of the other shareholders in a covered security, pursuant to rules issued by the Commission described in subsection (a)(1)(D). ``(c) Foreign Private Issuers Exemption.--Subsection (a) shall not apply with respect to a foreign private issuer if the published voting policy of the investment advisor with respect to such foreign private issuer is fully and fairly disclosed to beneficial owners, including the extent to which such policy differs from the published voting policy for non-exempt issuers. ``(d) Dissemination of Information.-- ``(1) In general.--Any investment adviser subject to the requirements of subsection (a)(1) shall, with respect to the dissemination of information and other material to a voting person, comply with the following requirements, unless the voting person affirmatively declines to receive that information and other material: ``(A) Provide the voting person (or the relevant intermediary with whom the investment adviser has access) with a form to select a published voting policy. ``(B) Provide the voting person with not less than 5 business days after the date on which the voting person receives the form described under subparagraph (A) to return that form to the investment adviser. ``(2) Electronic delivery.--All, or any portion, of the materials that an investment adviser is required to provide under paragraph (1)(A) may be provided electronically, including through-- ``(A) an internet website; ``(B) another digital, internet, or electronic- based information repository; or ``(C) a mobile application. ``(e) Definitions.--In this section: ``(1) Covered security.--The term `covered security'-- ``(A) means a voting security, as that term is defined in section 2(a) of the Investment Company Act of 1940 (15 U.S.C. 80a-2(a)), in which a qualified fund is invested; and ``(B) does not include any voting security (as defined in subparagraph (A)) of an issuer registered with the Commission as an investment company under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). ``(2) Passively managed fund.--The term `passively managed fund' means a qualified fund-- ``(A) that-- ``(i) is designed to track, or is derived from, an index of securities or a portion of such an index; ``(ii) discloses that the qualified fund is a passive index fund; or ``(iii) allocates not less than 60 percent of the total assets of the qualified fund to an investment strategy that is designed to track, or is derived from, an index of securities or a portion of such an index fund; and ``(B) that commits to refrain from exercising control over an issuer through voting or investment authority. ``(3) Published voting policy.--The term `published voting policy' means-- ``(A) a policy that-- ``(i) articulates how proportionate shares would be expected to be voted in anticipated proxy voting matters; and ``(ii) is made available to investors, including via website or other electronic means; and ``(B) in the case of a policy of a passively managed fund or an investment adviser, a policy that does not-- ``(i) seek to set the strategy or day-to- day management decisions of the issuer; ``(ii) involve submitting shareholder proposals; ``(iii) seek to nominate directors; and ``(iv) coordinate votes with other index managers. ``(4) Qualified fund.--The term `qualified fund' means-- ``(A) an investment company; ``(B) a private fund; ``(C) an eligible deferred compensation plan, as that term is defined in section 457(b) of the Internal Revenue Code of 1986; ``(D) a trust, plan, account, or other entity described in section 3(c)(11) of the Investment Company Act of 1940 (15 U.S.C. 80a-3(c)(11)); ``(E) a plan maintained by an employer described in clause (i), (ii), or (iii) of section 403(b)(1)(A) of the Internal Revenue Code of 1986 to provide annuity contracts described in section 403(b) of such Code; ``(F) a common trust fund, or similar fund, maintained by a bank; ``(G) any fund established under section 8438(b)(1) of title 5, United States Code; or ``(H) any separate managed account of a client of an investment adviser. ``(5) Routine matter.--The term `routine matter'-- ``(A) includes a proposal that relates to-- ``(i) an election with respect to the board of directors of a registrant; ``(ii) the compensation of management or the board of directors of a registrant; ``(iii) the selection of auditors; or ``(iv) declassification; and ``(B) does not include-- ``(i) a proposal that is not submitted to a holder of covered securities by means of a proxy statement comparable to that described in section 240.14a-101 of title 17, Code of Federal Regulations, or any successor regulation; or ``(ii) a proposal that is-- ``(I) the subject of a counter- solicitation; or ``(II) part of a proposal made by a person other than the applicable registrant.''. (b) Effective Date.--The amendment made by this section shall take effect 1 year after the date of enactment of this Act. <all>\n\nSUMMARY TO EVALUATE:\nTitle: Changes in investing: more power for citizens over major company decisions.\nSummary: This law gives people saving in index and retirement funds the right to decide how their shares are voted in companies. Investment advisers will no longer be able to automatically make key decisions without considering the wishes of the actual money owners.\nKey Points: Ability to choose your own voting policy or instruct the fund to abstain from voting., Requirement for advisers to provide clear forms for choosing voting methods, including online options., Protection against large funds managing companies without the consent of small shareholders., New rules apply to major decisions, not routine administrative company matters.\n\nZASADY OCENY:\n1. Sprawdź wszystkie LICZBY, DATY i KWOTY w SUMMARY. Jeśli którejś brakuje w SOURCE -> is_valid: false.\n2. Sprawdź wszystkie NAZWISKA, ORGANIZACJE i MIEJSCA w SUMMARY. Jeśli którejś brakuje w SOURCE -> is_valid: false.\n3. Sprawdź wszystkie konkretne DZIAŁANIA PRAWNE . Jeśli tego mechanizmu nie ma w SOURCE -> is_valid: false.\n\nWAŻNE: Abstrakcyjne pojęcia (np. \"transparentność\", \"zaufanie\") są dozwolone jako wnioski.\n\nOUTPUT (JSON):\n{\n  \"is_valid\": true/false,\n  \"issue\": \"fabricated_entity\" / \"contradiction\" / \"none\"\n}\n\nWYMAGANIA FORMATOWANIA:\n1. Odpowiedz WYŁĄCZNIE surowym obiektem JSON.\n2. NIE używaj bloków kodu Markdown.\n3. NIE dodawaj żadnych wstępów ani wyjaśnień przed ani po JSONie.\n4. JSON musi być poprawny i gotowy do parsowania.\n\n",
      "ai_response_raw": "{\n  \"is_valid\": true,\n  \"issue\": \"none\"\n}"
    },
    {
      "timestamp": "2026-04-17T11:17:32.780Z",
      "source_url": "https://www.congress.gov/119/bills/hr8265/BILLS-119hr8265ih.htm",
      "model": "gemini-flash-latest",
      "prompt_sent": "\nJesteś ekspertem od prawa Stanów Zjednoczonych, który ma za zadanie analizować dokumenty ustaw, uchwał oraz innych dokumentów legislacyjnych, a następnie przygotowywać z nich informacje w przystępny sposób dla obywateli. Twoim celem jest przedstawienie informacji tak, aby obywatele mogli sami ocenić wpływ legislacji na ich życie, nawet bez posiadania specjalistycznej wiedzy legislacyjnej. Skup się na faktach i obiektywnych skutkach wprowadzanych zmian, unikając wartościowania i osobistych opinii. Wszelki żargon prawny jest zabroniony. Prezentuj informacje w jasny, zwięzły i angażujący sposób, tak aby były zrozumiałe dla osoby bez wykształcenia prawniczego. Unikaj długich, złożonych zdań. Zamiast pisać \"projekt ma na celu nowelizację kodeksu podatkowego...\", napisz \"Zmiany w podatkach: nowe ulgi i obowiązki dla...\". Kontynuuj swoją pracę, dopóki nie rozwiążesz swojego zadania. Jeśli nie masz pewności co do generowanej treści, przeanalizuj dokument ponownie – nie zgaduj. Rozplanuj dobrze swoje zadanie przed przystąpieniem do niego. W podsumowaniu i kluczowych punktach, jeśli to możliwe i uzasadnione, podkreśl, jakie konkretne korzyści lub skutki (pozytywne lub negatywne) wprowadza ustawa dla życia codziennego obywateli, ich praw i obowiązków, finansów osobistych, bezpieczeństwa i innych ważnych kwestii (np. kategorycznych zakazów i nakazów czy najważniejszych konkretnych alokacji finansowych i terytorialnych).\n\nTwoja odpowiedź MUSI być w formacie JSON - i zawierać następujące klucze.\nZanim zwrócisz odpowiedź, dokładnie zweryfikuj, czy cała struktura JSON jest w 100% poprawna, włącznie ze wszystkimi przecinkami, nawiasami klamrowymi, kwadratowymi oraz cudzysłowami. Błędny JSON jest nieakceptowalny i uniemożliwi przetworzenie Twojej pracy.\n\nPrzeanalizuj dokładnie poniższy tekst dokumentu prawnego. To jest treść, na podstawie której masz wygenerować podsumowanie i kluczowe punkty:\n--- POCZĄTEK DOKUMENTU ---\n[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8265 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 8265 To amend the Investment Advisers Act of 1940 to establish requirements for proxy voting of passively managed funds, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 14, 2026 Mr. Huizenga introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Investment Advisers Act of 1940 to establish requirements for proxy voting of passively managed funds, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Empowering Shareholders Act of 2026''. SEC. 2. PROXY VOTING OF PASSIVELY MANAGED FUNDS. (a) In General.--The Investment Advisers Act of 1940 (15 U.S.C. 80b-1 et seq.) is amended by inserting after section 208 (15 U.S.C. 80b-8) the following: ``SEC. 208A. PROXY VOTING OF PASSIVELY MANAGED FUNDS. ``(a) Investment Adviser Proxy Voting.-- ``(1) In general.--An investment adviser that holds authority to vote a proxy solicited by an issuer pursuant to section 14 of the Securities Exchange Act of 1934 (15 U.S.C. 78n) in connection with any vote of covered securities held by a passively managed fund shall-- ``(A) vote in accordance with the instructions (which may include the selection of a published voting policy) of the beneficial owner (or fiduciary or other designee with proxy voting authority on their behalf) of a voting security of the passively managed fund; ``(B) vote in accordance with the voting recommendations of the board of directors (or similar governing body) of such issuer; ``(C) abstain from voting such securities but make reasonable efforts to be considered present for purposed of establishing a quorum; or ``(D) pursuant to rules issued by the Commission, instruct vote tabulators to make a reasonable effort to mirror vote shares to reflect the elections of the other shareholders in the covered security. ``(2) Exception.--Paragraph (1) shall not apply with respect to a vote on a routine matter. ``(b) Safe Harbor.--With respect to a routine or non-routine vote, voted in the manner required by subsection (a)(1), an investment adviser shall not be liable to any person under any law or regulation of the United States, any constitution, law, or regulation of any State or political subdivision thereof, or under any contract or other legally enforceable agreement (including any arbitration agreement), for any of the following: ``(1) Voting in accordance with the instructions of the beneficial owner (or that beneficial owner's designee with proxy voting authority) of a voting security of the passively managed fund. ``(2) Not soliciting voting instructions from any person. ``(3) Voting in accordance with the voting recommendations of an issuer under subsection (a)(1)(B) with respect to such vote. ``(4) Abstaining from voting in accordance with subsection (a)(1)(C) with respect to such vote. ``(5) Instructing vote tabulators to make a reasonable effort to mirror vote shares to reflect the elections of the other shareholders in a covered security, pursuant to rules issued by the Commission described in subsection (a)(1)(D). ``(c) Foreign Private Issuers Exemption.--Subsection (a) shall not apply with respect to a foreign private issuer if the published voting policy of the investment advisor with respect to such foreign private issuer is fully and fairly disclosed to beneficial owners, including the extent to which such policy differs from the published voting policy for non-exempt issuers. ``(d) Dissemination of Information.-- ``(1) In general.--Any investment adviser subject to the requirements of subsection (a)(1) shall, with respect to the dissemination of information and other material to a voting person, comply with the following requirements, unless the voting person affirmatively declines to receive that information and other material: ``(A) Provide the voting person (or the relevant intermediary with whom the investment adviser has access) with a form to select a published voting policy. ``(B) Provide the voting person with not less than 5 business days after the date on which the voting person receives the form described under subparagraph (A) to return that form to the investment adviser. ``(2) Electronic delivery.--All, or any portion, of the materials that an investment adviser is required to provide under paragraph (1)(A) may be provided electronically, including through-- ``(A) an internet website; ``(B) another digital, internet, or electronic- based information repository; or ``(C) a mobile application. ``(e) Definitions.--In this section: ``(1) Covered security.--The term `covered security'-- ``(A) means a voting security, as that term is defined in section 2(a) of the Investment Company Act of 1940 (15 U.S.C. 80a-2(a)), in which a qualified fund is invested; and ``(B) does not include any voting security (as defined in subparagraph (A)) of an issuer registered with the Commission as an investment company under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). ``(2) Passively managed fund.--The term `passively managed fund' means a qualified fund-- ``(A) that-- ``(i) is designed to track, or is derived from, an index of securities or a portion of such an index; ``(ii) discloses that the qualified fund is a passive index fund; or ``(iii) allocates not less than 60 percent of the total assets of the qualified fund to an investment strategy that is designed to track, or is derived from, an index of securities or a portion of such an index fund; and ``(B) that commits to refrain from exercising control over an issuer through voting or investment authority. ``(3) Published voting policy.--The term `published voting policy' means-- ``(A) a policy that-- ``(i) articulates how proportionate shares would be expected to be voted in anticipated proxy voting matters; and ``(ii) is made available to investors, including via website or other electronic means; and ``(B) in the case of a policy of a passively managed fund or an investment adviser, a policy that does not-- ``(i) seek to set the strategy or day-to- day management decisions of the issuer; ``(ii) involve submitting shareholder proposals; ``(iii) seek to nominate directors; and ``(iv) coordinate votes with other index managers. ``(4) Qualified fund.--The term `qualified fund' means-- ``(A) an investment company; ``(B) a private fund; ``(C) an eligible deferred compensation plan, as that term is defined in section 457(b) of the Internal Revenue Code of 1986; ``(D) a trust, plan, account, or other entity described in section 3(c)(11) of the Investment Company Act of 1940 (15 U.S.C. 80a-3(c)(11)); ``(E) a plan maintained by an employer described in clause (i), (ii), or (iii) of section 403(b)(1)(A) of the Internal Revenue Code of 1986 to provide annuity contracts described in section 403(b) of such Code; ``(F) a common trust fund, or similar fund, maintained by a bank; ``(G) any fund established under section 8438(b)(1) of title 5, United States Code; or ``(H) any separate managed account of a client of an investment adviser. ``(5) Routine matter.--The term `routine matter'-- ``(A) includes a proposal that relates to-- ``(i) an election with respect to the board of directors of a registrant; ``(ii) the compensation of management or the board of directors of a registrant; ``(iii) the selection of auditors; or ``(iv) declassification; and ``(B) does not include-- ``(i) a proposal that is not submitted to a holder of covered securities by means of a proxy statement comparable to that described in section 240.14a-101 of title 17, Code of Federal Regulations, or any successor regulation; or ``(ii) a proposal that is-- ``(I) the subject of a counter- solicitation; or ``(II) part of a proposal made by a person other than the applicable registrant.''. (b) Effective Date.--The amendment made by this section shall take effect 1 year after the date of enactment of this Act. <all>\n--- KONIEC DOKUMENTU ---\n\nPAMIĘTAJ: Twoja odpowiedź MUSI być wyłącznie poprawnym obiektem JSON. Nie dodawaj żadnych dodatkowych znaków, komentarzy ani tekstu przed znacznikiem '{' ani po znaczniku '}'. Cała odpowiedź musi być parsowalna jako JSON.\nNa podstawie POWYŻSZEGO dokumentu, wypełnij poniższą strukturę JSON:\nOto struktura JSON, której oczekuję (wypełnij ją treścią):\n{\n  \"pl_ai_title\": \"Nowy, krótki tytuł dla aktu prawnego po polsku, oddający sedno wprowadzanych zmian (np. maksymalnie 10-12 słów).\",\n  \"pl_summary\": \"2-3 zdania zwięzłego podsumowania treści aktu prawnego po polsku, napisane z perspektywy wpływu na życie codzienne obywateli.\",\n  \"pl_key_points\": [\n    \"Pierwszy krótki punkt po polsku dotyczący najważniejszych wprowadzanych rozwiązań lub zmian.\",\n    \"Drugi krótki punkt po polsku...\"\n  ],\n  \"eng_ai_title\": \"A new, short title for the legal act in English, capturing the essence of the changes (e.g., max 10-12 words).\",\n  \"eng_summary\": \"2-3 sentences summarizing the legal act in English, from the perspective of its impact on citizens' daily lives.\",\n  \"eng_key_points\": [\n    \"First short bullet point in English regarding the most important solutions or changes being introduced.\",\n    \"Second short bullet point in English...\"\n  ],\n  \"de_ai_title\": \"Ein neuer, kurzer Titel für das Rechtsdokument auf Deutsch, der den Kern der Änderungen erfasst (z.B. max. 10-12 Wörter).\",\n  \"de_summary\": \"2-3 Sätze Zusammenfassung des Rechtsdokuments auf Deutsch, aus der Perspektive seiner Auswirkungen auf das tägliche Leben der Bürger.\",\n  \"de_key_points\": [\n    \"Erster kurzer Stichpunkt auf Deutsch zu den wichtigsten eingeführten Lösungen oder Änderungen.\",\n    \"Zweiter kurzer Stichpunkt auf Deutsch...\"\n  ],\n  \"fr_ai_title\": \"Un nouveau titre court pour l'acte juridique en français, saisissant l'essence des changements (par exemple, 10-12 mots maximum).\",\n  \"fr_summary\": \"Résumé de 2-3 phrases de l'acte juridique en français, du point de vue de son impact sur la vie quotidienne des citoyens.\",\n  \"fr_key_points\": [\n    \"Premier court point en français concernant les solutions ou changements les plus importants introduits.\",\n    \"Deuxième court point en français...\"\n  ],\n  \"es_ai_title\": \"Un nuevo título breve para el acto jurídico en español, que recoja la esencia de los cambios (por ejemplo, máximo 10-12 palabras).\",\n  \"es_summary\": \"Resumen de 2-3 frases del acto jurídico en español, desde la perspectiva de su impacto en la vida cotidiana de los ciudadanos.\",\n  \"es_key_points\": [\n    \"Primer punto breve en español sobre las soluciones o cambios más importantes que se introducen.\",\n    \"Segundo punto breve en español...\"\n  ],\n  \"it_ai_title\": \"Un nuovo titolo breve per l'atto giuridico in italiano, che colga l'essenza delle modifiche (ad es. massimo 10-12 parole).\",\n  \"it_summary\": \"Riepilogo di 2-3 frasi dell'atto giuridico in italiano, dal punto di vista del suo impatto sulla vita quotidiana dei cittadini.\",\n  \"it_key_points\": [\n    \"Primo breve punto in italiano riguardante le soluzioni o le modifiche più importanti introdotte.\",\n    \"Secondo breve punto in italiano...\"\n  ],\n  \"nl_ai_title\": \"Een nieuwe, korte titel voor de rechtshandeling in het Nederlands, die de essentie van de wijzigingen weergeeft (bijv. max. 10-12 woorden).\",\n  \"nl_summary\": \"Samenvatting van 2-3 zinnen van de rechtshandeling in het Nederlands, vanuit het perspectief van de impact op het dagelijks leven van burgers.\",\n  \"nl_key_points\": [\n    \"Eerste korte punt in het Nederlands betreffende de belangrijkste geïntroduceerde oplossingen of wijzigingen.\",\n    \"Tweede korte punt in het Nederlands...\"\n  ],\n  \"pt_ai_title\": \"Um novo título curto para o ato jurídico em português, capturando a essência das mudanças (por exemplo, máx. 10-12 palavras).\",\n  \"pt_summary\": \"Resumo de 2-3 frases do ato jurídico em português, na perspetiva do seu impacto na vida quotidiana dos cidadãos.\",\n  \"pt_key_points\": [\n    \"Primeiro ponto curto em português sobre as soluções ou alterações mais importantes introduzidas.\",\n    \"Segundo ponto curto em português...\"\n  ],\n  \"category\": [\"Categorize the document into one category by default, based on the field it primarily concerns. Choose up to 3 if the document also touches upon SIGNIFICANT issues from other categories. You MUST select categories ONLY from the following list: Health, Education, Family, Taxes, Labor, Security, Environment, Courts and Law, Transport, Benefits, Real Estate, Media and Culture, Local Government, Migration, Agriculture, Public Investments, Informatization, Economy. If the document does not definitively fit any of these, you MUST use \"Other\". If you use \"Other\", it should be the ONLY category selected. Do NOT invent new categories. The response must be an array of strings, e.g., [\"Taxes\", \"Family\"].\"]\n}\n\n",
      "ai_response_raw": "{\n  \"pl_ai_title\": \"Zmiany w inwestowaniu: większy wpływ obywateli na decyzje wielkich spółek.\",\n  \"pl_summary\": \"Ustawa daje osobom oszczędzającym w funduszach indeksowych i emerytalnych prawo do decydowania o głosowaniach w spółkach. Doradcy inwestycyjni nie będą już mogli automatycznie podejmować kluczowych decyzji bez uwzględnienia woli faktycznych właścicieli pieniędzy.\",\n  \"pl_key_points\": [\n    \"Możliwość wyboru własnej polityki głosowania lub nakazanie funduszowi wstrzymania się od głosu.\",\n    \"Obowiązek dostarczania inwestorom jasnych formularzy do wyboru sposobu głosowania, także przez internet.\",\n    \"Ochrona przed sytuacją, w której wielkie fundusze zarządzają firmami bez zgody drobnych akcjonariuszy.\",\n    \"Nowe zasady dotyczą ważnych decyzji, a nie rutynowych spraw administracyjnych spółki.\"\n  ],\n  \"eng_ai_title\": \"Changes in investing: more power for citizens over major company decisions.\",\n  \"eng_summary\": \"This law gives people saving in index and retirement funds the right to decide how their shares are voted in companies. Investment advisers will no longer be able to automatically make key decisions without considering the wishes of the actual money owners.\",\n  \"eng_key_points\": [\n    \"Ability to choose your own voting policy or instruct the fund to abstain from voting.\",\n    \"Requirement for advisers to provide clear forms for choosing voting methods, including online options.\",\n    \"Protection against large funds managing companies without the consent of small shareholders.\",\n    \"New rules apply to major decisions, not routine administrative company matters.\"\n  ],\n  \"de_ai_title\": \"Änderungen bei Investitionen: mehr Einfluss der Bürger auf wichtige Unternehmensentscheidungen.\",\n  \"de_summary\": \"Dieses Gesetz gibt Anlegern in Index- und Rentenfonds das Recht, über die Stimmabgabe in Unternehmen zu entscheiden. Anlageberater können wichtige Entscheidungen nicht mehr automatisch ohne Berücksichtigung des Willens der tatsächlichen Eigentümer treffen.\",\n  \"de_key_points\": [\n    \"Möglichkeit, eine eigene Abstimmungspolitik zu wählen oder den Fonds anzuweisen, sich der Stimme zu enthalten.\",\n    \"Verpflichtung für Berater, klare Formulare zur Auswahl der Abstimmungsmethode bereitzustellen, auch online.\",\n    \"Schutz davor, dass große Fonds Unternehmen ohne Zustimmung der Kleinaktionäre verwalten.\",\n    \"Die neuen Regeln gelten für wichtige Entscheidungen, nicht für routinemäßige Verwaltungsangelegenheiten.\"\n  ],\n  \"fr_ai_title\": \"Changements dans l'investissement : plus de pouvoir pour les citoyens sur les décisions majeures des entreprises.\",\n  \"fr_summary\": \"Cette loi donne aux personnes épargnant dans des fonds indiciels et de retraite le droit de décider du vote de leurs actions. Les conseillers en investissement ne pourront plus prendre de décisions clés automatiquement sans tenir compte de la volonté des propriétaires réels.\",\n  \"fr_key_points\": [\n    \"Possibilité de choisir sa propre politique de vote ou d'ordonner au fonds de s'abstenir de voter.\",\n    \"Obligation pour les conseillers de fournir des formulaires clairs pour choisir les méthodes de vote, y compris en ligne.\",\n    \"Protection contre la gestion des entreprises par de grands fonds sans le consentement des petits actionnaires.\",\n    \"Les nouvelles règles s'appliquent aux décisions majeures, pas aux questions administratives courantes.\"\n  ],\n  \"es_ai_title\": \"Cambios en la inversión: más poder para los ciudadanos sobre las decisiones importantes de las empresas.\",\n  \"es_summary\": \"Esta ley otorga a quienes ahorran en fondos de índice y de jubilación el derecho a decidir cómo se votan sus acciones. Los asesores de inversión ya no podrán tomar decisiones clave automáticamente sin considerar los deseos de los propietarios reales del dinero.\",\n  \"es_key_points\": [\n    \"Posibilidad de elegir su propia política de voto o instruir al fondo para que se abstenga de votar.\",\n    \"Obligación de los asesores de proporcionar formularios claros para elegir los métodos de voto, incluso en línea.\",\n    \"Protección contra la gestión de empresas por parte de grandes fondos sin el consentimiento de los pequeños accionistas.\",\n    \"Las nuevas reglas se aplican a decisiones importantes, no a asuntos administrativos de rutina.\"\n  ],\n  \"it_ai_title\": \"Cambiamenti negli investimenti: più potere ai cittadini sulle decisioni aziendali importanti.\",\n  \"it_summary\": \"Questa legge conferisce a chi risparmia in fondi indicizzati e pensionistici il diritto di decidere come votare le proprie azioni. I consulenti finanziari non potranno più prendere decisioni chiave automaticamente senza considerare la volontà dei proprietari effettivi.\",\n  \"it_key_points\": [\n    \"Possibilità di scegliere la propria politica di voto o di istruire il fondo ad astenersi dal voto.\",\n    \"Obbligo per i consulenti di fornire moduli chiari per la scelta delle modalità di voto, anche online.\",\n    \"Protezione contro la gestione delle società da parte di grandi fondi senza il consenso dei piccoli azionisti.\",\n    \"Le nuove regole si applicano alle decisioni importanti, non alle questioni amministrative di routine.\"\n  ],\n  \"nl_ai_title\": \"Wijzigingen in beleggen: meer macht voor burgers over belangrijke bedrijfsbeslissingen.\",\n  \"nl_summary\": \"Deze wet geeft mensen die sparen in index- en pensioenfondsen het recht om te beslissen over de stemmingen in bedrijven. Beleggingsadviseurs kunnen niet langer automatisch belangrijke beslissingen nemen zonder rekening te houden met de wil van de werkelijke eigenaren.\",\n  \"nl_key_points\": [\n    \"Mogelijkheid om een eigen stembeleid te kiezen of het fonds op te dragen zich van stemming te onthouden.\",\n    \"Verplichting voor adviseurs om duidelijke formulieren te verstrekken voor het kiezen van stemmethoden, ook online.\",\n    \"Bescherming tegen het beheer van bedrijven door grote fondsen zonder toestemming van kleine aandeelhouders.\",\n    \"De nieuwe regels zijn van toepassing op belangrijke besluiten, niet op routinematige administratieve zaken.\"\n  ],\n  \"pt_ai_title\": \"Alterações no investimento: mais poder para os cidadãos sobre as decisões importantes das empresas.\",\n  \"pt_summary\": \"Esta lei dá às pessoas que poupam em fundos de índice e de reforma o direito de decidir sobre as votações nas empresas. Os consultores de investimento deixarão de poder tomar decisões fundamentais automaticamente sem considerar a vontade dos reais proprietários do dinheiro.\",\n  \"pt_key_points\": [\n    \"Possibilidade de escolher a sua própria política de voto ou instruir o fundo a abster-se de votar.\",\n    \"Obrigatoriedade de os consultores fornecerem formulários claros para a escolha dos métodos de voto, inclusive online.\",\n    \"Proteção contra a gestão de empresas por grandes fundos sem o consentimento dos pequenos acionistas.\",\n    \"As novas regras aplicam-se a decisões importantes, não a questões administrativas de rotina.\"\n  ],\n  \"category\": [\n    \"Economy\"\n  ]\n}"
    }
  ]
}