Subject: New Rules Author: "George D. Morton" Date: 12/1/97 1:05 PM Attention: Jonathan Katz RE: File No. S7-25-97 Any weakening of SEC rules regarding corporations and shareholder procedures should by all means be avoided. The rules are already too weak. It appears the goal is to put the SEC out of business altogether, leaving citizens and shareholders with no means of monitoring or preventing corporations' activities and abuse. We need SEC oversight, else we have corporate tyranny. --tim morton