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<p class="MsoNormal"><span style="font-size:18.0pt;font-family:"Times New Roman",serif;color:black">“ We agree on the importance of maintaining internet neutrality !   Hazel Henderson ,  Editor”<u></u><u></u></span></p>
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<p class="MsoNormal"><span style="font-size:18.0pt;font-family:"Times New Roman",serif;color:black">Thanks  michael,<u></u><u></u></span></p>
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<p class="MsoNormal"><b><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:teal">HAZEL HENDERSON, D.Sc.Hon., FRSA<u></u><u></u></span></b></p>
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<p class="MsoNormal"><b><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:teal">President, Ethical Markets Media; Author,
<i>Mapping the Global Transition to the Solar Age</i><u></u><u></u></span></b></p>
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<p class="MsoNormal"><b><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#2f5496">EthicalMarkets.com, HazelHenderson.com<u></u><u></u></span></b></p>
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<p class="MsoNormal"><b>From:</b> Open MIC [mailto:<a href="mailto:mconnor@openmic.org" target="_blank">mconnor@openmic.org</a>] <br>
<b>Sent:</b> Friday, July 14, 2017 12:37 PM<br>
<b>To:</b> Hazel Henderson <<a href="mailto:hazel.henderson@ethicalmarkets.com" target="_blank">hazel.henderson@<wbr>ethicalmarkets.com</a>><br>
<b>Subject:</b> Investors Representing $190 Billion Oppose FCC Changes to Net Neutrality Rules<u></u><u></u></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt;line-height:13.5pt"><em><span style="font-size:9.0pt;font-family:"Calibri",sans-serif;color:dimgray">    For Immediate Release</span></em><i><span style="font-size:9.0pt;color:dimgray"><br>
<em><span style="font-family:"Calibri",sans-serif">    July 14, 2017</span></em></span></i><u></u><u></u></p>
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<p class="MsoNormal" align="center" style="text-align:center"><strong><span style="font-size:18.0pt;font-family:"Calibri",sans-serif;color:#444444">Investors Representing $190 Billion in Assets Oppose FCC’s Proposed Changes to Net Neutrality Rules</span></strong><span style="font-family:"Arial",sans-serif"><u></u><u></u></span></p>
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<em><span style="font-size:13.5pt;font-family:"Calibri",sans-serif">Filing argues the agency’s position is “fundamentally flawed” and at odds with public data provided by major Internet Service Providers</span></em><span style="font-family:"Arial",sans-serif"><u></u><u></u></span></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt;line-height:16.5pt"><span style="font-size:10.5pt">A group of 20 investment advisors, investment management firms and foundations with broadly diversified stock portfolios today called upon the Federal Communications
 Commission to maintain current rules that support the principle of network neutrality on the Internet.</span><span style="font-family:"Arial",sans-serif"><u></u><u></u></span></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt;line-height:16.5pt"><span style="font-size:10.5pt">The investors, representing approximately $190 billion in assets and Assets Under Management (AUM), argued in a filing with the FCC that a rulemaking proposed
 in April 2017 -  which would gut net neutrality protections - is “fundamentally flawed.” They urged the Commission to continue to regulate broadband Internet service under Title II of the Communications Act.</span><span style="font-family:"Arial",sans-serif"><u></u><u></u></span></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt;line-height:16.5pt"><span style="font-size:10.5pt">“An Internet which guarantees fair and equal treatment is a core driver of America’s economic growth. We believe network neutrality principles are critical to
 that process,” the investors said.  “Open Internet principles also promote free speech, civic participation, democratic engagement and marketplace competition, as well as robust broadband adoption and participation in the Internet community by people of color
 and other socially and economically disadvantaged groups.”</span><span style="font-family:"Arial",sans-serif"><u></u><u></u></span></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt;line-height:16.5pt"><span style="font-size:10.5pt">The investor filing specifically challenged the FCC staff’s assertion that Open Internet rules adopted in 2015 have caused Internet Service Providers (ISPs)
 to reduce their investment in broadband networks.<br>
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<strong><span style="font-family:"Calibri",sans-serif">“As investors, we find no evidence that the Commission’s 2015 Open Internet order has caused publicly-held ISPs to reduce their investment in broadband networks,” the investors said. “Such a conclusion
 is at odds with multiple public statements by corporate executives of the leading ISPs as well as data the companies have previously supplied to shareholders in their filings to the Securities and Exchange Commission.”</span></strong></span><span style="font-family:"Arial",sans-serif"><u></u><u></u></span></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt;line-height:16.5pt"><span style="font-size:10.5pt">The investor filing cited research by Open MIC, a non-profit that promotes shareholder engagement with media and telecommunications companies, which examined
 recent financial statements from ISPs holding an estimated total of 86% of the U.S. broadband Internet market.  Those firms include Verizon, AT&T, Comcast, Charter, CenturyLink and Altice. </span><span style="font-family:"Arial",sans-serif"><u></u><u></u></span></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt;line-height:16.5pt"><strong><span style="font-size:10.5pt;font-family:"Calibri",sans-serif">“Overwhelmingly and without exception, the leading providers of broadband internet service in the U.S. portray an outlook
 for network investment that is healthy and robust,” the investors noted.</span></strong><span style="font-size:10.5pt">  The investors argued that changes to Title II regulation could also stifle growth in initial public stock offerings by tech companies.
 Potential “blocking, throttling and paid prioritization of Internet content constitute a significant threat to economic innovation on the Internet,” they added.</span><span style="font-family:"Arial",sans-serif"><u></u><u></u></span></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt;line-height:16.5pt"><span style="font-size:10.5pt">Scott M. Stringer, New York City Comptroller and one of the signers of the Comment, said: “In the 21st century, the Internet is a modern form of the public square.
 It’s where ideas are exchanged, movements are started, value is created, and information is shared across the globe. By rolling back these commonsense consumer protections, the FCC would be limiting free speech, stifling value-creating innovation, and undermining
 fairness for all of us. The bottom line is simple: information shouldn’t be sold to the highest bidder. That’s not just bad for investors – it’s bad for Americans.”</span><span style="font-family:"Arial",sans-serif"><u></u><u></u></span></p>
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<p class="MsoNormal" style="line-height:16.5pt"><span style="font-size:10.5pt">Jonas Kron, Senior Vice President of Trillium Asset Management, added: “The FCC needs to understand that the vast majority of investors these days have portfolios that are tied to
 broad stock market indices or are widely diversified throughout the market. That means asset managers want to see the business benefits of the Internet rippling and multiplying throughout the entire economy - not being hoarded only by a handful of incumbent
 gatekeeper companies that deliver broadband Internet services.”  </span><span style="font-family:"Arial",sans-serif"><u></u><u></u></span></p>
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</span><span style="font-size:10.5pt">Investors have long been a critical voice in the net neutrality fight. In the years leading up to the adoption of net neutrality rules in 2015, investors put significant pressure on ISPs as well as the FCC in support of
 the reclassification of the Internet under Title II of the Communications Act. </span><span style="font-family:"Arial",sans-serif"><u></u><u></u></span></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt;line-height:16.5pt"><span style="font-size:10.5pt">“Investors understand the business case for net neutrality, and now they are again ensuring that the FCC hears it loud and clear,” said Michael Connor, Executive
 Director of Open MIC. “The investment community worked hard to make sure Open Internet rules were successfully adopted in 2015, and they’re not going to back down now. Consistent regulatory policy is critical for a thriving Internet economy.”   </span><span style="font-family:"Arial",sans-serif"><u></u><u></u></span></p>
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<p class="MsoNormal" style="line-height:16.5pt"><span style="font-size:10.5pt">Investment advisors and investment management firms joining the FCC comment are Scott M. Stringer, New York City Comptroller; Boston Common Asset Management, Trillium Asset Management
 LLC, Sustainability Group of Loring, Wolcott & Coolidge, Zevin Asset Management LLC, Friends Fiduciary Corporation, Arjuna Capital LLC, Share Power Responsible Investing Inc., SRI Investing LLC and Earth Equity Advisors LLC. Foundations joining the comment
 are the Nathan Cummings Foundation, Park Foundation, Wallace Global Fund, The Russell Family Foundation, Bullitt Foundation, Robert W. Deutsch Foundation, The Prentice Foundation, The Christopher Reynolds Foundation, Singing Field Foundation, As You Sow Foundation.</span><span style="font-family:"Arial",sans-serif"><br>
<br>
</span><em><span style="font-size:10.5pt;font-family:"Calibri",sans-serif">For more information:</span></em><i><span style="font-size:10.5pt"><br>
<em><span style="font-family:"Calibri",sans-serif">Michael Connor</span></em><br>
<em><span style="font-family:"Calibri",sans-serif">Executive Director, Open MIC</span></em><br>
<em><span style="font-family:"Calibri",sans-serif">212-875-9381</span></em><br>
<em><span style="font-family:"Calibri",sans-serif"><a href="mailto:mconnor@openmic.org" target="_blank"><span style="font-style:normal">mconnor@openmic.org</span></a></span></em></span></i><span style="font-family:"Arial",sans-serif">
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<p class="MsoNormal"><strong><span style="font-size:10.5pt;font-family:"Helvetica Neue",serif;color:dimgray">About Open MIC</span></strong><span style="font-size:10.5pt;font-family:"Helvetica Neue",serif;color:dimgray"><br>
 </span><span style="font-family:"Helvetica Neue",serif"><br>
</span><span style="font-size:9.0pt;font-family:"Helvetica Neue",serif;color:dimgray">Open MIC is a non-profit organization working to foster vibrant and diverse media through market-based solutions. Our primary tool is shareholder engagement. We promote values
 of openness, equity, privacy, and diversity – values that we believe provide long-term benefits for companies, the economy and the health of democratic society.<br>
<br>
Open MIC believes shareholders have a right and responsibility to add their voices to discussions affecting both traditional and emerging media forms. We aim to deploy the collective power of investment management and advisory firms, mutual fund companies,
 foundations, pension funds and advocacy groups to help shape corporate media policies and practices.</span><span style="font-family:"Arial",sans-serif"><u></u><u></u></span></p>
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<p class="MsoNormal" style="line-height:18.0pt"><strong><span style="font-size:10.5pt;font-family:"Helvetica Neue",serif;color:dimgray">Michael Connor, Executive Director</span></strong><span style="font-family:"Helvetica Neue",serif;color:dimgray"><br>
</span><em><span style="font-size:10.5pt;font-family:"Helvetica Neue",serif;color:dimgray"><a href="mailto:mconnor@openmic.org" target="_blank"><span style="font-style:normal">mconnor@openmic.org</span></a>  |  <a href="http://email.robly.com/wf/click?upn=7FZtwluC3SJadaPUwFZdSTmR65NihgMKzmE7n5NpHYg-3D_DkSg5L3srH3NDdlvF-2FPDp457i8QhVcWVh6-2Fmqjn-2BA0Je3tpQsNsr-2FBn312A1CFNxHphX9vSsJv6RaTWCHknbjOQ67-2FQt1auKjGrXI6flkB-2FVrUKd-2Ft5AJoEaw3rlUcOcs7C8JF6p3Sx1FdI902wCLuFZtlbDyGZm0dCulRY219V1jSrGFolE-2F5Z38y6-2ByvnxY6Tx4V3U2-2FF1-2F0zbEn2MyuGjawyAA0x3SCQPA7p5dPkI1JoelTpgrWgF0b5I0TVOrIBSrUI6UeJBGFkclDe8fCD7V2Ez3Nep3MFP5ZZVNsYfdoUjJvTJrKTx24SOlPsIHg3MQNvaFIhiYEFpo9pbrdgR9bYStKn2sH1DEhD7JxAKe-2Fbc1TP0jrlv7gwM0xCYvh-2BlmzGnvW3OlhZipWSLbxzNH43OeBkXA4aGODAIfJeQR5rrG6-2BwbQt-2F2khQyf5432qzQNF7VO3tmtPbvxD1YA-3D-3D" target="_blank">www.openmic.org </a></span></em><span style="font-family:"Arial",sans-serif"><u></u><u></u></span></p>
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</div><br><br clear="all"><div><br></div>-- <br><div class="gmail_signature" data-smartmail="gmail_signature"><div dir="ltr"><div><div dir="ltr"><div>Check out the Commons Transition Plan here at: <a href="http://commonstransition.org" target="_blank">http://commonstransition.org</a>  </div><div><br></div>P2P Foundation: <a href="http://p2pfoundation.net" target="_blank">http://p2pfoundation.net</a>  - <a href="http://blog.p2pfoundation.net" target="_blank">http://blog.p2pfoundation.net</a> <br><br><a href="http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation" target="_blank"></a>Updates: <a href="http://twitter.com/mbauwens" target="_blank">http://twitter.com/mbauwens</a>; <a href="http://www.facebook.com/mbauwens" target="_blank">http://www.facebook.com/mbauwens</a><br><br>#82 on the (En)Rich list: <a href="http://enrichlist.org/the-complete-list/" target="_blank">http://enrichlist.org/the-complete-list/</a> <br></div></div></div></div>
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