From: mdeluce@elusive.com Sent: Friday, November 29, 2002 8:57 PM To: rule-comments@sec.gov Cc: san@socialinvest.org Subject: FILE NUMBER S7-36-02 and S7-38-02 Mr. Jonathan G. Katz, Secretary Securities and Exchange Commission 450 Fifth Street NW Washington, DC 20549-0609 Cc: Mr. Harvey L. Pitt, Chairman Dear Chairman Pitt and Secretary Katz: I am writing in support of the Securities 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. I congratulate the agency for instituting meaningful disclosure that will surely bolster confidence in the equity markets, and strongly support the recommendations set forth in these proposed rules. As an investor with over $800,000 invested in mutual funds, I would find it extremely valuable to know the proxy voting records of mutual fund managers. It would personally influence my purchasing decisions, and I believe it would allow many more people to invest in deeper alignment with their values, thus having a significant and continuing effect on the business community. 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. Furthermore, print copies should be made available to those investors that do not have access to the web, or for those small companies that meet the rule criteria, but that do not have an Internet presence. Thank you for considering this matter seriously. Thank you for the opportunity to comment on the proposed rules. Sincerely, Marcy de Luce San Franciso, CA
Marcy de Luce
mdeluce@elusive.com