Business Roundtable has long been a strong advocate for good corporate governance and supports efforts by the SEC to provide investors with more complete and meaningful disclosure.
or
Ms. Elizabeth M. Murphy
Secretary
U.S. Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549‐1090
Re: File No. S7‐10‐09
Facilitating Shareholder Director Nominations
Dear Ms. Murphy:
We appreciate the opportunity to once again provide our views on Commission rulemaking to require companies to include shareholder nominees for director in company proxy materials under certain circumstances.
July 19, 2009
The Honorable Barney Frank
Chairman
Committee on Financial Services
U.S. House of Representatives
Washington, DC 20515
The Honorable Spencer Bachus
Ranking Member
Committee on Financial Services
U.S. House of Representatives
Washington, DC 20515
This letter is submitted on behalf of Business Roundtable, an association of chief executive officers of leading U.S. companies with $4.5 trillion in annual revenues and nearly ten million employees.