Subject: Comment to File Number S7-11-19
From: Larry McFall

October 12, 2019

Dear SEC Rule Comments, 

The SEC’s attempt to move disclosures to a so-called “principles-based” approach is absolutely wrong. You are protecting greedy investors. I want full transparency. Stop all the BS and do right by the American people. That would be so refreshing and, oh, by the way, the right thing thing to do. 

I have a right to be informed of how corporate managers are planning for the long term on issues like climate change, board diversity and representation, and workforce development. Shareholders also have a right to know if the company they are investing in is playing in politics or moving profits overseas to evade U.S. taxes. 

MORE disclosure, not less. 

Thank you for considering my comment. 

Sincerely, 
Larry McFall