September 28, 2007
Dear Chairman Cox,
In regards to proposed rules S7-16-07, I am writing to ask that you maintain protections of shareholder rights and take no action on the proposals that seek to diminish them.
I appreciate that there are concerns over strong shareholder opinions holding too much sway over the direction of a company and therefore limiting the companies' decision-making effectiveness. However I believe the rewards of strong shareholder input far outweigh the risks and therefore urge you to maintain the protections for these rights. Thank you.