Subject: File No. 4-725
From: Robert Seid
Affiliation: Wealth Advisor

November 14, 2018

Dear Chairman Clayton,

As a member of the Financial community, I want to express my voice for maintaining the rights of shareholders to make proposals and resolutions. I believe the current rules for shares held and length of time are sensible. Having more stringent rules (i.e. more shares held for longer a la the Financial CHOICE Act) would lessen the democratic ability of shareholders.

Furthermore, as is happening in all industries, I would encourage greater adoption of technology to increase ease and access to shareholder voting/proposal rights.
Shareholders should be able to put forth their values to the companies they own, even if they are relatively small. In aggregate, these values may even be the majority The infrastructure to have these voices organized, expressed, and heard should be fostered and encouraged.

Our country is built on each person's voice and vote counting, so we should stay true to this principle in our financial system.