Subject: File No. S7-23-19
From: bernard h fliegelman

November 8, 2019


Do not increase the requirements to allow investor proposals.

Small investors do not have the ear of the management. The only way they can influence management is to get together and make proxy proposals. Management works for investors, not the other way around. Bosses get to tell employees what to do.

If it cost a small amount of money for extra proposasls, that is fine. Owners can spend money in ways that management does not like. If management does not like it they can quit.