Chairman Christopher Cox
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549-1090
September 25, 2007
I'm writing to request that the SEC protect the right of investors to file shareholder resolutions, and urge you to take no action on the proposed initiatives that would curtail or eliminate this essential right.
Shareholder resolutions have proven effective in holding companies accountable to their owners, the shareholders. Shareholder resolutions have helped to promote transparency and improve corporate governance and performance.
This is especially important in the wake of your agency's ongoing investigations into executive compensation and the back-dating of options.