From: Matthew J Corsaro [mcorsar@juno.com] Sent: Tuesday, July 01, 2003 8:37 PM To: rule-comments@sec.gov Subject: (s7-10-03) Dear Commisioners, Thank you for the new rule requiring sharegolder approval for executive stock options. While this is an important first step towards curbing the obscenly unfair compensation many executives receive compared to their employees, it is not enough. Please take the next step and require shareholder approval for TOTAL executive pay packages. Sincerly, Matthew Corsaro New Paltz, NY USA