Subject: File No S7-25-97 Author: Adrian Haynes at Internet Date: 11/24/97 6:19 PM To: Johnathan Katz Having only today discovered that our SEC intends changing its rules to prevent small stockholders from introducing resolutions at sharholder meetings I have the following comments: 1. The small percentage of the public (for whom the SEC works) who have accidentally discovered the proposed changes are becoming accustomed by now to both corporations and government taking action to eradicate general public opposition to their joint aims by simply not informing them. 2. My personal reaction to these rulings is ambivalent; although they are quite obviously egregious, and counter to the interests of democracy and the necessity of corporate accountability as made express through charters, I cannot help but feel that the SEC's obvious contempt for the public interest as displayed by such attempts, can only result in the hardening of public opinion against the protagonists who, howevermuch they feel impuned by their lofty position, are yet trapped within a democratic system of government, and thus still ultimately accountable for their actions. Regards, Adrian M Haynes Citizen of the United States