Jan. 17, 2020
Dear SEC Rule Comments, Many corporations seek to increase their short-term profits by lobbying Congress to decrease regulation of their industry, while ignoring problems with potentially long-term consequences for their shareholders and the economy as a whole, including the possibility of a major recession, as happened with the financial industry in 2008. More recently, Boeing was able to skirt around regulations that would have ensured the safety of their jets, and thus protecting the interests of their shareholders and the lives of their passengers. Please continue to allow shareholders to provide the kind of oversight that is needed to hold corporate managers accountable. The SEC should be facilitating oversight by shareholders, not undermining it. This new set of rules should not be advanced. Thank you for considering my comment. Sincerely, Candace Brower [redacted]