October 26, 2016 / 9:11 PM / 3 years ago

BRIEF-Arlington Asset Investment board approves series of matters "designed to enhance company's overall corporate governance"

Oct 26 (Reuters) - Arlington Asset Investment Corp :

* Arlington Asset Investment Corp - board of directors approved a series of matters “designed to enhance company’s overall corporate governance”

* Arlington Asset Investment Corp - matters include adopting a majority vote standard in uncontested director elections

* Arlington Asset Investment Corp - matters include prohibiting hedging in company’s equity securities and limiting ability to pledge such securities

* Arlington Asset Investment Corp - matters include steps to eliminate all outstanding shares of company’s class b common stock, par value $0.01/share

* Arlington Asset Investment Corp - matters include reducing number of public company directorships that any one director may hold Source text : bit.ly/2ewvyMX Further company coverage:

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