Gentlemen:
I serve as Chairman of the Board of a small financial services company
headquartered in rural Indiana. Compliance with recent regulations
resulting from Sarbanes-Oxley legislation has resulted in additional costs
to our company in excess of $1,000,000. In my opinion, this has unfairly
penalized our shareholders because of the illegal actions at a few major
U.S. corporations. I truly believe the financial burden of all such legislation
has collectively robbed investors in smaller companies of several times
more profit than all of the losses incurred by so very few dishonest
corporate executives.
I have been advised that the above referenced proposal would significantly
reduce such burden on companies such as ours and respectfully ask
that you favorably consider adoption thereof.
Robert E. Hoptry
Chairman of the Board
MainSource Financial Group
Greensburg, Indiana
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