From: Matthew Aiello [aiellomatt@yahoo.com]
Sent: Friday, May 30, 2003 8:12 AM
To: rule-comments@sec.gov
Subject: File No. S7-10-03

I am a shareholder through numerous mutual funds, an
employee of a publicly traded corporation and a
husband and father investing in the stock market for
my family's well being.  As such, I appreciate the
SEC's concern over the proxy rules and regulations
that govern shareholder activities and, hopefully,
lead to improved corporate governance and better
corporate performance.

The recent spate of corporate fraud and CEO excesses
is, as you know, not unique to this day and age. 
These unfortunate events have occurred in the past and
will certainly occur in the future.  Shareholders -
both individual and institutional - have needed and
will continue to need sensible laws protecting and
securing their rights as the true owners of public
companies.  

I encourage the Commission to continue to give
shareholders the voice and rights that they deserve. 
I would also encourage the Commission to consider
extending those rights in certain instances, for
example, in giving shareholders the ability to elect -
not just select - directors.

Regards - 

Matt Aiello


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