From: Zeugner, Leita [Leita.Zeugner@CITIZENSBANK.com]
Sent: Friday, June 13, 2003 3:24 PM
To: 'rule-comments@sec.gov'
Subject: S7-10-02 

Re: S7-10-02 
To the SEC: 
I applaud your willingness to review the proxy rules and assess the
procedures that provide shareholders a voice in the companies they own.   I
am a shareholder in a number of companies; granted, my ownership is
miniscule, but I take seriously the responsibility of expressing my
ownership rights through the proxy process. Sadly, many of the current rules
provide little comfort to shareholders and serve to empower the management
teams that should be reporting to us.  It has been discouraging, at best, to
witness the greed, fraud and arrogance that has invaded some  public
companies and the subsequent decline in the value of these companies.  This
has directly impacted our faith in the rules and the markets.   Thank you
for reviewing the proxy rules and considering the implementation of much
needed reforms to empower the shareholders that own US companies. 

Respectfully, 
Leita Zeugner, Shareholder in various US companies
94 Main Street
East Greenwich, RI  02818
. 


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