Subject: S7-23-19 Procedural Requirements and Re-submission Thresholds under Exchange Act Rule 14a-8
From: Laura Fay

Jan. 5, 2020



Dear Chairman Clayton,

On Tuesday, November 5th, the Securities and Exchange Commission (SEC) proposed amendments to Rule 14a-8 that will severely limit the rights of shareholders to engage with corporations.

We need to restore the balance of power so that we actually have a true democracy.
Sincerely,
Laura Fay
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