Flaherty & Crumrine Fund Files Proxy Materials

TL;DR

Flaherty & Crumrine Fund dropped proxy docs, shareholders vote soon.

AI Summary

Flaherty & Crumrine Preferred & Income Securities Fund Inc. filed a Definitive Additional Materials proxy statement on April 16, 2025. This filing relates to the company's solicitation of proxies for its upcoming shareholder meeting. The specific details of the meeting's agenda or proposals are not detailed in this particular filing document.

Why It Matters

This filing is a routine regulatory requirement for public companies to inform shareholders about matters requiring a vote, ensuring transparency in corporate governance.

Risk Assessment

Risk Level: low — This filing is a standard proxy statement, indicating routine corporate governance procedures rather than significant financial or operational changes.

Key Players & Entities

• Flaherty & Crumrine Preferred & Income Securities Fund Inc. (company) — Registrant
• 0001999371-25-004305 (filing_id) — Accession Number
• 20250416 (date) — Filing Date

FAQ

From the Filing

0001999371-25-004305.txt : 20250416 0001999371-25-004305.hdr.sgml : 20250416 20250416150128 ACCESSION NUMBER: 0001999371-25-004305 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20250416 DATE AS OF CHANGE: 20250416 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC CENTRAL INDEX KEY: 0001174164 ORGANIZATION NAME: EIN: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-21129 FILM NUMBER: 25842286 BUSINESS ADDRESS: STREET 1: 301 E COLORADO BLVD STE 800 STREET 2: C/O FLAHERTY & CRUMRINE INC CITY: PASADENA STATE: CA ZIP: 91101 BUSINESS PHONE: (626) 795-7300 MAIL ADDRESS: STREET 1: 301 E COLORADO BLVD STE 800 STREET 2: C/O FLAHERTY & CRUMRINE INC CITY: PASADENA STATE: CA ZIP: 91101 FORMER COMPANY: FORMER CONFORMED NAME: Flaherty & Crumrine PREFERRED SECURITIES INCOME FUND INC DATE OF NAME CHANGE: 20130307 FORMER COMPANY: FORMER CONFORMED NAME: Flaherty & Crumrine/CLAYMORE PREFERRED SECURITIES INCOME FUND INC DATE OF NAME CHANGE: 20050708 FORMER COMPANY: FORMER CONFORMED NAME: F&C/CLAYMORE PREFERRED SECURITIES INCOME FUND INC DATE OF NAME CHANGE: 20020702 DEFA14A 1 ffc-defa14a_041625.htm ADDITIONAL DEFINITIVE PROXY SOLICITING MATERIALS fc-proxy_041625 SCHEDULE 14A PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 Filed by Registrant ☒ Filed by Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential for Use of the Commission Only as permitted by Rule 14a-6(e)(2) ☐ Definitive Proxy Statement ☒ Definitive Additional Materials ☐ Soliciting Material Pursuant to Rule 14a-11c or Rule 14a-12 Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (Name of Registrant as Specified in Its Charter) _______________________________________ (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): ☒ No fee required ☐ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11 (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11. (Set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: ☐ Fee paid previously with preliminary materials. ☐ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount previously paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: Flaherty & Crumrine Incorporated Flaherty & Crumrine Preferred and Income Fund (NYSE: PFD) Flaherty & Crumrine Preferred and Income Opportunity Fund (NYSE: PFO) Flaherty & Crumrine Preferred and Income Securities Fund (NYSE: FFC) Flaherty & Crumrine Total Return Fund (NYSE: FLC) Flaherty & Crumrine Dynamic Preferred and Income Fund (NYSE: DFP) Annual Meeting of Shareholders ADJOURNED Dear Valued Shareholder, We have been trying to reach you regarding the Annual Meeting of Shareholders of the above-mentioned Funds (the “Funds”). The Annual Meeting of Shareholders was originally slated for April 16 th , 2025, but has been adjourned until April 25 th , 2025 due to a lack of shareholder participation . Our records indicate we have not yet received your vote, therefore we are asking you to please take a moment now to submit your vote. Shareholders are being asked to vote on the following proposals: Proposal 1: 	 To Elect Directors of each Fu