From: DMIngall [dmingall@alaska.com]
Sent: Monday, October 20, 2003 7:29 PM
To: rule-comments@sec.gov
Subject: Rule S7-19-03

Subject: Rule Number: S7-19-03

 

Dear Secretary,

I want shareholder democracy.

Until corporate governance is reformed to make directors more accountable 
to shareholders and to allow shareholders more power over the companies 
they own, we are likely to continue to see weak, conflicted boards of 
directors incapable of standing up to the excesses of management, which 
remains a formula for trouble. 

I demand that the SEC really bring democracy to corporate board elections 
by removing the trigger events from the shareholder democracy proposal. 
Allowing the owners of the companies  the shareholders  to have an actual 
say in the membership of the corporate board of directors is one of the 
best ways to curb many of the insider excesses that have been taking place 
in corporate America.

Let’s not set the hurdles too high for shareholder democracy. 

Sincerely,

Dan M Ingall
5847 DeBarr Road Apt 22
Anchorage, AK 99504-2329
dmingall@alaska.com