Subject: File No. DF - Other Initiatives
From: Robert J Salmon
Affiliation: Retired

July 28, 2010

I request that the Commission promptly issue regulations implementing the provisions of Section 971 regarding proxy access.

I further request that such regulations apply to any publicly-owned bank or savings and loan holding company irrespective of the number of stockholders or whether such a holding company's stock is registered under the Securities Exchange Act of 1934.

One goal of the new regulations should be to ensure that the term "entrenched board" does not apply to publicly-owned financial institutions.

Thank you for your consideration,

Robert Salmon