Subject: S7-23-19 Comments for Submission
From: Norman Wernet

Jan. 13, 2020

 


Rule Comments,
Good Sirs 
I am retired after 50+ years in the labor market. My wife and I live on a pension and a small portfolio of mutual fund investments. Having read carefully the multiple filings of both, I am aware that corporate governance control rest too much in the hands of the executive officers, hand pick boards and not in the hands of investors. Given the over inflated compensation packages, poor business decisions and devastating outcome on our communities it is time to give more balance to investors and our voice in governance.
Rules currently in debate give far too much weight to to executives and do not allow access for the investor voice to address issues beyond the self interest of making money that never reaches the investor and does damage to our communities.
It is the SEC's responsibility to bring balance and not favor just the corporate executive. 
Norman Wernet 
[redacted]