From: Lindsay Lunnum [llunnum@hotmail.com] Sent: Thursday, December 05, 2002 3:33 PM To: rule-comments@sec.gov Subject: File Numbers S7-36-02 and S7-38-02 Dear Secretary Katz: As an individual investor, I am writing to support the Security and Exchange Commission's recently proposed rules regarding proxy voting guidelines and vote disclosure by mutual funds and investment advisers, File Numbers S7-36-02 and S7-38-02. With almost all my investments managed by mutual funds, I would greatly benefit from knowing how mutual funds are voting proxies on my behalf. This information would enable me to choose a mutual fund manager that is voting proxies in line with my values on issues of importance to me, from corporate governance to social and environmental issues. To provide individual investors with more information, I urge the SEC to require that disclosure of proxy votes and voting guidelines be directly disclosed on mutual fund and investment advisers' web sites, in addition to the SEC's web site. I believe print copies should be made available to those investors that do not have access to the web. Additionally, I would like to see more specific guidance from the SEC on what should be covered in a proxy voting policy or guidelines. Hundreds of resolutions are filed by shareholders each year, on a range of issues, and voting policies should be broad enough to reflect the diversity of concerns coming to a vote. I believe full disclosure of proxy voting (which some socially responsible investment funds already do) is an easy but critical step in protecting the interests of individual shareholders and addressing some of the! corporate scandals of the past year. Thank you for the opportunity to comment on the proposed rules. Sincerely, Lindsay Lunnum -------------------------------------------------------------------------------- MSN 8 helps ELIMINATE E-MAIL VIRUSES. Get 2 months FREE*.