Subject: Attention Jonathan Katz; refer to File No. S7-25-97

Date:    11/20/97 8:43 PM
     
Dear Mr. Jonathan Katz,
     
My name is Scott Bolden and I am a second-year law student at Indiana 
Univesity--Bloomington.  I have recently become aware of the S.E.C.'s 
recently proposed rules which would raise the submission thresholds for 
shareholders.  I am strongly opposed to this proposal, because I feel that 
it is against the interests of the general public, the nation as a whole, 
and the companies themselves.
     
I believe that the proposed changes are against the interests of these 
groups because it eliminates an invaluable source of input and discourse 
from the organizations who need this discussion the most.  Both the public 
and the nation benefit from infusing new ideas, new proposals, and 
creativity into the public's investments and the nation's economic 
backbone.  More importantly, if this creativity and input is stifled, the 
very companies attempting to reap perceived "efficiency" from the proposed 
changes in the short-term will surely lose competitively in the long-term 
in this global market.
     
Therefore, I believe that the proposed changes are contrary to the public, 
the nation, and the very companies the changes seek to aid.
     
Thank you,
     
Scott Bolden
sbolden@indiana.edu