As a shareholder, you can typically vote on important company matters, such as policy proposals, board appointments, or corporate actions like mergers or dividend approvals. However, if your securities are loaned via Alpaca through the FPSL program, you temporarily lose these voting rights because instead, the borrower holds the shares during the loan period. You can unenroll from the FPSL program at any time via Sarwa’s platform to stop lending and restore your voting rights. It may take a few days for Alpaca to recall the securities from the borrower.
What are you looking for?