Jan. 30, 2020
Dear SEC Rule Comments, I keep hearing "corporations are owned by its stockholders". If that's true, then why shouldn't we stockholders, as owners, be entitled to a voice in how "our" corporation behaves, and what it does? We can lose our investment if "our" company ignores us and makes bad decisions. So why is the SEC -- which is supposed to promote transparency and presumably supports shareholders' interests -- trying to weaken our oversight and prevent us from protecting our investments? Don't make it even more difficult for us to do so. Don't weaken stockholders' oversight and ability to influence corporate behavior. With the federal government increasingly abandoning its responsibility to protect the public, corporations must at least be required to respond to stock owners' proposals and allow voting that may change their behavior. The proposed weakening of the rules should stop. Thank you for considering my comments. Sincerely, Morita Bruce [redacted]