Aug. 13, 2023
Dear SEC, I do not support this proposal. I am a concerned investor, a US citizen, and a veteran. I would like to protect my nation and what it stands for. We must be just and we must uphold our morals. This proposal is an atrocity and I object. Current regulations ensure control of a company's decisions remains in the hands of long term investors who hold an interest in the continued success of said company and see the full price and risk associated with a security as a worthwhile cost in return for having an opportunity to be part of a company's success and to include their views in regards to what is best to promote and protect their investments. Furthermore this proposal benefits short term thinking and help shut out the current system that allow genuine investors with an interest in the growth and development of a company to to provide a fairly weighted say in certain decision making processes it allows the companies concerned to have a clear picture as to the level of devotion and support committed in relation to the companies causes, beliefs, and proposals from individual investors. I assume the proposal was made by the industry to benefit themselves. derivatives are just that and should have no say in the real operations of a company. Thus if the market participants want to vote then they should in fact hold the stock. This proposal makes no sense at all. Therefore this proposal should be abandoned and any association associated with pushing through this proposal heavily investigated. Thank you. -- George Kong