October 16, 2021
As an investor, I oppose this new proposal. In essence, this proposal would take away how a \"free market\" works. This rule would make it so one person is all too powerful and will inherently have conflicts on interest. Currently, Jeffrey Sprecher is the Chair of the Board and his wife is Republican politician Kelly Loeffler. She has received many donations from the financial industry with interests of her own. In this scenario, the Chair of the Board's position would be compromised due to his relationship with his wife and her political donations. This rule change will inherently corrupt stock trading and allows one person to control the market.
Sincerely,
James Fox