Subject: Comment to File Number 4-730
From: Debra Carr de Legorreta
Affiliation:

Oct. 31, 2018

The U.S. Securities and Exchange Commission should require corporate managers to be honest with their shareholders about how they are planning for the long term.  DUH.  If you don't, we will cancel your charter and do it ourselves, through a new gov't agency that's not beholden to Exxon and other corporate itnerests.


FYI, shareholders have a right to know if oil executives are trying to buy off politicians to slow progress on addressing climate change. They also have a right to know whether the company is cultivating diversity on its board or moving profits abroad to avoid paying taxes in the U.S. These are just a few examples of the environmental, social, and governance (ESG) risks that the SEC should require public companies to disclose to their shareholders and the public. 

Thank you for considering my comment.  Please consider doing your job "self-regulating" Wall Street.  Else, say good bye to the charade known as the SEC.

Debra Carr de Legorreta