Subject: Attn: Jonathan Katz Date: 11/22/97 10:37 PM Attn: Jonathan Katz Re: File No. S7-25-97 Mr. Katz: I wish to object in the strongest possible terms to the proposed new rules intended to further restrict the filing of petitions by corporate shareholders. Such a move is clearly anti-democratic and in no ways serves the interests of anyone other than those who currently hold majority power in an enterprise. I hope that the S.E.C. will be wise enough to see that only those that fear the fresh air of new ideas would support such a change in rules. Sincerely, Jeff Granger 1324 W. Albion Chicago, IL 60626