Subject: File No. S7-16-07
From: Mark B Knightly, ACSW, DCSW
Affiliation: Brothers of Holy Cross, Eastern Province

August 16, 2007

This proposed legislation would weaken or eliminate shareholder's rights to file shareholder resolutions. For three decades, shareholder resolutions have enabled my investment service company participants to advocate with companies on behalf of economic justice, equality, and environmental stewardship.

Please do not pass this bill Help all of us protect our fundamental shareholder rights