; (ii) the percentage of votes cast on shareholder proposals that were consistent with proxy advisory firm recommendations, for each proxy advisory firm retained by the institutional investment manager; (iii) an explanation of— (I) how the institutional investment manager took into consideration proxy advisory firm recommendations in making voting decisions, including the degree to which the institutional investment manager used those recommendations in making voting decisions; (II) how often the institutional investment manager voted consistent with a recommendation made by a proxy advisory firm, expressed as a percentage; (III) how such votes are reconciled with the fiduciary duty of the institutional investment manager to vote in the best economic interests of shareholders; (IV) how frequently votes were changed when an error occurred or due to new information from issuers; and (V) the degree to which investment professionals of the institutional investment manager were involved in proxy voting decisions; and (iv) a certification that the voting decisions of the institutional investment manager were based solely on the best economic interest of the shareholders on behalf of whom the institutional investment manager holds shares. (B) Requirements for larger institutional investment managers Every institutional investment manager described in subparagraph (A) that has assets under management with an aggregate fair market value on the last trading day in any of the preceding twelve months of at least $100,000,000,000 shall— (i) in any materials provided to customers and related to customers voting their shares, clarify that shareholders are not required to vote on every proposal