Subject: Comment to File Number S7-23-19
From: Larry McFall

Jan. 17, 2020

 

Dear SEC Rule Comments, 

I want more accountability from corporate CEOs, not less. The SEC’s attempt to crush shareholder oversight is reprehensible. 

THE SEC'S SHOULD BE PROTECTING AMERICAN INVESTORS - should be creating and enforcing a strong, effective system of checks and balances between the owners of corporate wealth and companies’ management. Instead, the SEC is trying to sabotage shareholder input. These new rules would make it harder for investors to raise emerging issues with managers, meaning that it would halt progress toward addressing critical issues impacting companies and our communities over the long term. NOT acceptable! 

The SEC should be facilitating shareholder democracy, not undermining it. Scrap this his new set of rules now. 


Sincerely, 
Larry McFall 
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