There have been recent attempts by numerous fund managers to change their by-laws to restrict the voting power of Closed-End Fund Shareholders. Thankfully, after Shareholder challenges, these changes have repeatedly been stricken down by the courts. The timing of this proposal is interesting as many of the CEF Managers and Sponsors are losing legal battles against their Shareholders for infringing on Shareholder rights. It is hard not to see this as another attempt to reduce Shareholders' voices, albeit from a new avenue. NYSE has an effective monopoly on US Listed CEFs. It may be their prerogative to give their customers (Fund Boards and Managers) what they want, but it is the SEC's duty to protect the investors. I believe it is imperative to deny the proposed rule change.