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The following comment on Letter Type J (postcard) Letter Type J:Dear Mr. Katz, I support the SEC proposal S7-19-03. It will help curb corporate corruption and end the self-perpetuating system that permits corporate boards to handpick their own directors. This plan is a good start, but the proposed rules make it too difficult for shareholders to participate and impossible to do so in a timely manner. A shareholder would have to own shares in a corporation worth roughly $900 million to nominate a candidate and the nomination process would take two years to complete. We need meaningful reform now to protect the retirement savings of millions of working families!
Name: http://www.sec.gov/rules/proposed/s71903/s71903typej.htm
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