From: BetsyD@aol.com
Sent: Monday, November 11, 2002 5:05 PM
To: rulecomments@sec.gov
Subject: File No. S7-36-02

Regarding File No. S7-36-02, I am pleased to see that the SEC has issued a 
proposed rule that mutual funds disclose their proxy voting policies, and 
voting records.  The fact that many individuals who formerly owned stock 
directly now own mutual funds instead, does severely limit the ability of 
such individuals to express their views on corporate issues.  While 
unfortunately this rule will not solve this problem, it will at least force 
more disclosure and give an opportunity for mutual fund holders to express to 
the funds their reaction to their votes.  

I have tried to think about what further could be done.  The only possibility 
I can think of is to require the mutual funds to survey their holders about 
common issues such as environmental reports, bonus plans paying amounts over 
some amount like $1,000,000, stock option plans over some percent like 1% of 
outstanding stock, non-discriminating employment practices, and adoption of 
principles like the Sullivan Principals.  Hopefully Mutual Funds would 
consider the survey results in their votes.

Stanley F. Dole, C.P.A.