The International Brotherhood of Teamsters pension and health and welfare trusts hold over $70 billion in assets. Trustees of these funds have a responsibility to monitor and act in the interest of advancing sound corporate governance and policies that build long-term value.  It is therefore our responsibility to ensure that both the government and regulators are listening to our concerns.  President James P. Hoffa has written the following letters to the New York Stock Exchange (NYSE), NASDAQ, Financial Accounting Standards Board (FASB) and Securities and Exchange Commission (SEC) expressing the union’s interest in improving investor confidence and market stability by introducing real and substantive reforms to our nation’s free markets.

• Letter to SEC Commenting on Rule 14a-8(i)(8) - Director Nominations by Shareowners dated September 27, 2006
   

• Letter to the FASB in Support of File Reference No. 1102-100, (Mandatory Expensing of Stock Options) dated July 1, 2004
   

• Letter to the SEC commenting on S7-19-03, (Security Holder Director Nominations) dated December 19, 2003
   

• Letter to the SEC Supporting Proposal S7-14-03 (Disclosure Regarding Nominating Committee Functions and Communications between Security Holders and Boards of Directors dated September 15, 2003
   

• Letter to the SEC Supporting Proposal S7-10-03 (Solicitation of Public Views Regarding Changes to the Proxy Rules) dated June 11, 2003
   

• Letter to the SEC Supporting Proposal S7-45-02 (Implementation of Standards of Professional Conduct for Attorneys) dated April 7, 2003
   

• Letter to the SEC Supporting Proposal S7-02-03 (Standards Relating to Listed Company Audit Committees) dated February 14, 2003
   

• Letter to the SEC Supporting Proposal S7-49-02 (Strengthening the Commission's Requirements Regarding Auditor Independence) dated January 9, 2003