U.S. Securities & Exchange Commission
SEC Seal
Home | Previous Page
U.S. Securities and Exchange Commission

Statements of support from 55 individuals or entities
that favor the proposed rules, but believe the proposed rules
do not go far enough.

Examples of Letter Type AA:

"I wholeheartedly support the proposal for allowing investor nominees for boards of directors. The only problem is it is only one step in the right direction..."

"I am an individual shareholder and I support any rules changes that make it easier for individuals like myself to have a greater say in the nomination of persons toa corporate BOD. Although, I think youíre proposed changes donít go nearly far enough, but maybe starting somewhere will help bring about changes to one of the most undemocratic, un-American institutions in America: BOD of American corporations."

"This is too weak a reform, but it is better than nothing. If you are supposed to protect the rights of investors then DO IT. Quit wasting our tax dollars for the greedy corporations who you intend to work for after your country club stint at government."

"...to approve SEC Proposed Rule #34-48626. This rule may not go quite as far as we might like it to go, requiring as it does that special conditions must occur before shareholders can nominate directors, but it is certainly a step in the right direction."

"...The current proposal is better than nothing, but still far short of what is needed to clean up corporate governance abuses and restore investor confidence in the system."

"This proposal doesn't go nearly far enough to restore shareholder power, but it is a good first start."


http://www.sec.gov/rules/proposed/s71903/s71903typea.htm


Modified: 01/27/2004