December 19, 2019
December 19, 2019 Dear Chairman Clayton, I am not a professional in the SEC. However, I know the SEC affects every American Citizen. For those Americans who contribute to their retirement whatever means they use to save for their future. Let me introduce myself, Debra Pratt a late starter in higher education and therefore saving for the future. Family always came first. Something my father taught me from an early age. “Take care of one another” was his words. His mother was part Native American. A remarkable woman! My mother referred to her as Dr. Nancy. At the age of four years, Grandmother taught me how to gather eggs from the chicken coop. She simply said, “Debra Sue go get eggs for breakfast.” Then she handed me the egg basket. I said, “But Grandmother I’m afraid of the chickens.” She replied, “Don’t worry, just say Shoo! Shoo! they will not bother you. Now go get the eggs for breakfast” She was right, it worked. Off I went and shortly after returned with the eggs for breakfast. The second thing she taught me was how to sew a simply top on her Singer pedal sewing machine. I loved learning. I learned to be frugal from my father. I learned how to stretch a dollar and save a dollar. Raising my family delayed my education. An Education is something I desired. In 1995, I graduated with my AA in Business Administration. Then I finished my BS Computer Science along with BA Business Administration in 2000 while working full time during all degrees. In 2008 followed up with MA Information Technology Management. I received a blessing of an ESOP, which I rolled over twice to a 401K. It was the second roll over that my funds gradually disappeared. While at this employment I saved anywhere, accordingly to salary, four to the highest percent allowed. However, the Enron and WorldCom tragedy left my fund down $45,000. If a fiduciary had been in charge of this 401K election, I wonder if this loss would have occurred, then in 2008 a loss of another $40,000. Again, I refer to Fiduciary as a requirement to manage funds. Rules that govern proxy solicitation need to be in the interest of the investor not the proxy at their whim. I have invested in the stock market with my personal funds. I learned and realized those with more money were able to control the market going up or down as they desired. I strongly support S7-22-19! In hopes, other American Citizen Families do not incur losses as I and other Americans have in the past. One thing I have learned, “Money Just Doesn’t Disappear, It Goes Somewhere!” I am extremely grateful for your service to The United States of America and its Citizens. God bless you and your family! Wishing you and yours a Very Merry Christmas and a Happy New Year. With Kind Regards, Debra Pratt Debra Pratt