Subject: Comment for S7-22-19
From: Daron Van Helden

Jan. 30, 2020

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Vanessa A. Countryman, Secretary 
Securities and Exchange Commission 
100 F Street, NE 
Washington, DC 20549-0609
Re: File Number S7-22-19
January 30, 2020
Dear Ms. Countryman:
Like many, I am concerned that the funds I am putting away for retirement may not be allowed to grow and become as robust as today’s prospectuses would suggest. I appreciate that the SEC is working to address these concerns and others like them by reexamining the role of proxy advisory firms in our financial markets.
As you consider the new rules to regulate these firms, consider making it loud and clear that specialty reports have no place in the administration of retirement funds, public or private. Specialty reports are a way for proxy firms to assuage the social conscience of a minority of investors at the expense of the majority.
All funds should be managed in such a way as to produce maximum returns, and all proxy advice should be given with the same goal. The proposed SEC rule would give investors peace of mind and the returns we are hoping to see long-term on our retirement funds.
Daron Van Helden