Dec. 23, 2018
Hon. Jay Clayton Chairman U.S. Securities and Exchange Commission 100 F Street, N.E. Washington, D.C. 20549 Dear Chairman Clayton, I am writing to demand you NOT to revise the shareholder proxy voting process under SEC Rule 14a-8. This rule process has had a strong and positive effect by highlighting ineffective corporate governance, enhancing transparency, and promoting corporate actions on a range of environmental, social and governance issues that promote economic growth and job creation over the long term while increasing long term shareholder value. The current shareholder proposal process is effective, efficient and beneficial to both shareholders and the long-term well-being of the companies they hold – there is no need to revise the rules governing the proxy process. Critics of the shareholder resolution process have a clear political agenda – to limit the ability of shareholders to engage with the companies that they own, and to cripple the proxy process that has been in place for over fifty years. I want you to uphold the rights of shareholders and do not make changes to Rule 14a-8. If you don't, I'm selling all my stocks and investing somewhere else in this world. Thank you.