I will repeat a couple of things very briefly. All of these proxy proposals have garnered 23 percent, average, support, so there is not widespread support among the investors. And again, I will repeat that three-pronged mission that the Securities and Exchange Commission has: ``protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation.'' This particular effort does none of those things, advances none of those things, and that is why I oppose the amendment. Mr. Chairman, I yield back the balance of my time The Acting CHAIR. The question is on the amendment offered by the gentleman from California (Mr. Carbajal). The question was taken; and the Acting Chair announced that the noes appeared to have it.
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