Subject: SEC File Number S7-16-07

October 1, 2007

Dear Chairman Cox:
I am a shareholder who believes in the power of shareholder resolutions to guide corporate policy and bring attention to critical issues that might otherwise go unnoticed or unaddressed. These include issues that affect the value of investments as well as being a "good corporate citizen."

I oppose any policy change that may restrict or eliminate shareholders' rights to propose advisory resolutions under Rule 14a-8, especially any change that allows corporations to "opt out" of allowing shareholder resolutions, or that increases the percentage vote required for resubmitting resolutions. "Chat rooms" for shareholders are not acceptable substitutes for shareholder resolutions.

I strongly urge you to keep the current shareholder resolution rules. These have allowed all investors - large and small - to participate in the process, which has stimulated significant corporate reforms.

Besides addressing broad issues such as climate change, shareholder resolutions also have prodded needed reforms in corporate governance and accountability - something we need lots more of.

I would appreciate hearing what action you choose to take on this issue - preferably leaving things as they are. Thank you for your attention to these comments.

Sincerely,

Sarah A. Gorin