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      "text": "Speech by SEC Staff: Keynote Address at the Independent Directors Council Investment Company Directors Conference by Andrew J. Donohue, Director, Division of Investment Management, U.S. Securities and Exchange Commission, Amelia Island, Florida, November 12, 2009",
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      "text": "In light of the foregoing provisions of the Act, I believe it could be very difficult for fund counsel to advocate for, or fund directors to approve, a fund's use of a poison pill and the restrictions on the voting shares of a dissident shareholder.",
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      "text": "In my view, however, I submit that the adoption of a poison pill, or restricting the voting rights of a \"dissident\" shareholder even where state law authorizes it, may be inconsistent with federal law and not in the best interest of the fund and its shareholders.",
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      "text": "ASA's Poison Pill",
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