Subject: SEC Rule Changes
From: Susan Pritzker

January 31, 2020

I am writing, as a stockholder with significant assets invested in a variety of corporations, in opposition to the two proposed rule changes that would attempt to limit shareholder participation and decision making. We need MORE participation, not less. And MORE transparency, not less.


"Shareholder resolutions give shareholders a voice to positively influence the policies and practices of publicly traded corporations. Active shareholders have a long history of pushing companies to develop better policies on issues like human rights, diversity, climate change, and nondiscrimination policies. These issues are inextricably linked to a firm’s long-term value; limiting individual investors’ ability to raise these and other issues is neither conducive to efficient markets nor consistent with the mandate of the SEC to protect investors."


Susan Pritzker