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U.S. Securities and Exchange Commission

The following comment on Letter Type J (postcard)
was submitted by 34 individuals or entities on S7-19-03.

Letter Type J:

Dear Mr. Katz,

I support the SEC proposal S7-19-03. It will help curb corporate corruption and end the self-perpetuating system that permits corporate boards to handpick their own directors.

This plan is a good start, but the proposed rules make it too difficult for shareholders to participate and impossible to do so in a timely manner. A shareholder would have to own shares in a corporation worth roughly $900 million to nominate a candidate and the nomination process would take two years to complete.

We need meaningful reform now to protect the retirement savings of millions of working families!

City, State, Zip


Modified: 01/27/2004