Please deny this proposal. Closed-End Fund Shareholders have the right and should continue to have the right to vote on Closed-End Fund Leadership through an Annual Shareholder Meeting process. Exempting Closed-End Funds Registered Under the Investment Company Act of 1940 From the Requirement to Hold Annual Shareholder Meetings will only exacerbate the speed at which current, and UNFORSEEN Closed-End Fund Directors and or Managers abuse the structure to charge fees on Actively Managed Services that may or may not be acceptable to Shareholders, or even Stakeholders. Accountability in the Closed-End Fund Industry is paramount at this time, and I regret to say that the SEC will only be rewarding future negligence if section 302.00 is amended.