The main problem is that technically, the DTC owns all the shares. So there needs to be a system in place so the DTC knows how to vote for the 'for practical p

The main problem is that technically, the DTC owns all the shares. So there needs to be a system in place so the DTC knows how to vote for the 'for practical purposes' shareholders It's kind of like when you sublet your apartment . you're renting the place, but you are also renting it out, so who is the renter? The simplest idea is that those who hold shares should vote. But that idea leads to the DTC casting all votes.