Subject: S7-23-19 Comments for Submission
From: George Stradtman
Affiliation:

Jan. 7, 2020

 


Rule Comments,
I remember a high-school economics course in which the teacher strongly emphasized that shareholder votes ensure "corporate democracy". If the SEC goes along with the current procedure, then that idea will become a total myth.
I worked long and hard throughout my career, which eventually destroyed my health and forced me into early retirement. Luckily, I have some money invested in a decent mutual fund which at least boosts my income a couple of hundred dollars per month. I take very seriously the idea that corporations have an obligation to act in a responsible and honest manner. Without small-investor voices like mine, it all comes down to what wealthy CEO's and their cronies want.
George Stradtman 
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