My firm invests in CEFs on behalf of our clients. CEFs are a vital asset class for numerous investors like me and my clients. All NYSE listed companies are required to hold annual shareholder meetings to elect directors and conduct other business. Currently, CEFs have the same shareholder meeting requirements as any other NYSE-listed company. Eliminating this requirement makes no sense. Why should CEFs have a different standard than any other NYSE-listed company? Would the SEC ever consider changing this requirement for non-CEF firms also? Such a proposal would be a non-starter for the SEC. This proposal was made only to protect underperforming CEF managers that have faced increasing shareholder pressures to increase shareholder value. Rather than listen to their shareholder base and take action, CEF managers and boards have further entrenched themselves and moved to implement onerous standards so that shareholders have less rights than ever before. This proposal to eliminate annual shareholder meetings is one such move. It is obvious that CEF management and board members do not want to face the consequences for not doing their jobs. I urge the SEC to carefully assess this egregious proposal. If this proposal is implemented, CEFs as an asset class will be harmed, and thousands of investors will lose an opportunity to hold CEF management and board members accountable. Sincerely, John Y. Park J Park Management, LLC