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[802SEC] Update on the motion to operate under a pending rules change.

Dear EC members,
The motion to operate under the pending rules change on Roll Call Votes  was 7 approve, 5 disapprove, 1 abstain.
The LMSC bylaws require a least a 2/3 majority of all EC members to approve a rules change for submission to ballot and for adoption.  The EC has 13 members with voting rights.  Greater than 2/3 of the EC members is at least 9.  In my haste to conclude the meeting, I didn't apply this rationale, but upon reflection, it is my judgement that motions regarding the adoption of a rule (regardless if they are permanent or temporary) must require at least 2/3 majority.  Therefore, the motion to operate under the pending rules change on roll call votes did not pass as it did not achieve at least a 2/3 majority.
--Paul Nikolich
Chairman, LMSC