From: crawford9d@sec.gov Sent: Thursday, November 14, 2002 11:58 PM To: rule-comments@sec.gov Subject: FILE NUMBER S7-36-02 and S7-38-02 Re: File Numbers S7-36-02 and S7-38-02 Mr. Jonathan G. Katz, Secretary Securities and Exchange Commission 450 Fifth Street NW Washington, DC 20549-0609 Dear Secretary Katz: As a mutual fund investor, I fully support the SEC's proposal to have mutuals funds disclose their proxy voting records. However, it does seem long overdue. When I first started investing in mutual funds I was quite suprised and dismayed to discover that I had no access to the voting records of my mutual funds. Then I found Domini Social Investments. Every mutual funds needs to do what Domini does, disclose thier voting records. If I directly owned the stocks that a fund owned, I would be able to vote. Since I can not vote, I should be allowed to see how the fund voted since in reality, those stocks belong to the investors, not the Funds. These rules would be a major step forward in providing greater transparency to investors whose proxy assets are held in mutual funds or entrusted to investment advisers. Proxy voting is a fiduciary duty and should be exercised with the best interests of fund holders in mind. These rules will provide me with an opportunity to identify mutual funds and investment advisers who take their voting responsibilities seriously since I do. If they dont, I would be able to see this and take my money elsewhere! Thank you for this opportunity to comment on the proposed rules, and for taking these important steps toward restoring investor confidence in the markets. Sincerely, Douglas Crawford, Denver, Colorado