From: Barbara A. Beltrand, CPA [beltrand@minn.net] Sent: Saturday, November 09, 2002 12:54 AM To: rule-comments@sec.gov Subject: Proxy voting rules November 8, 2002 Commissioner c/o Jonathan G. Katz, Secretary Securities and Exchange Commission 450 Fifth Street NW Washington, DC 20549-0609 I urge you to implement the proposed rule requiring mutual funds to disclose their proxy voting policies, procedures and voting records. It is important that investors know how the members of the board is voting their proxies -- perhaps we'll see less sheep-like behavior with respect to board members "going along" with management. Surely this rule (and any others of this flavor) is a cornerstone in the progress to more transparency with respect ot corporate governance and ultimately positive behaviors on behalf of all the owners. B2 Barbara A. Beltrand, CPA 651-698-4557 / voice & fax 651-269-0470 / cell beltrand@net-info.com bbeltrand@larsonallen.com / 612-376-4752 Barbara.Beltrand@metrostate.edu / 612-373-2796