Take Action

Join us in urging regulators and lawmakers to protect the rights of closed-end fund investors.

  1. Submit a Comment to the SEC on the NYSE’s Section 302 Rule Amendment Proposal by July 30th:
    1. To express your opposition to the proposal, submit your comments directly to the SEC by completing this form by the July 30th deadline.
    2. Submit a comment to share your experience investing in closed-end funds and to tell the SEC why you believe being able to hold trustees accountable through annual elections is a crucial right that must be protected.
    3. In your comment, we encourage you to (1) highlight why trustees shouldn't be appointed for life, (2) emphasize why shareholders – as owners – deserve the right to determine who represents them, and (3) express your concerns that when annual meetings are not held, closed-end funds trade at larger discounts and investors can face billions of dollars in losses.
  2. Submit a Comment to the SEC on The CBOE's Proposal to Adopt Rule 14.10(e)(1)(E)(iv) by August 5th:
    1. To express your opposition, submit your comments directly to the SEC by completing this form by the August 5th deadline.
    2. Submit a comment to share your experience investing in closed-end funds and to tell the SEC why you believe being able to hold trustees accountable through annual elections is a crucial right that must be protected.
  3. Call or Email Your Members of Congress, Encouraging Them to Urge the SEC to Oppose the NYSE and CBOE Proposals:
    • Click here to identify your senator and find their relevant contact details.
    • Click here to identify your congressional representative to find their relevant contact details.
  4. Call or Email Your Senators to Urge Them to Oppose H.R. 2799:
    1. Click here to identify your senator and find their relevant contact details.
    2. You can reach your senator via phone, email, mail or via posting on social media platforms such as Twitter and Facebook.
  5. Sign Saba’s Petition Urging the SEC to Reject the NYSE’s Proposal: Click here to sign our petition to urge the SEC to reject the NYSE’s proposal and protect the rights of closed-end fund shareholders.
  6. Raise Your Voice via Social Media: Join the conversation on social media by sharing your opposition to the NYSE proposal, the CBOE proposal and H.R. 2799 along with the hashtag #ProtectCEFInvestors.