From: James Dement [Jdement@gbronline.com]
Sent: Wednesday, September 18, 2002 10:42 AM
To: rule-comments@sec.gov
Subject: Petition for Rulemaking (SEC File No. 4-461)

Mr. Jonathan G. Katz, Secretary
U.S. Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549


Dear Mr. Katz:

I am writing to express my support for the Rulemaking Petition proposal 
maded by The Committee of Concerned Shareholders and James McRitchie.

Corporate boards of directors are far too often "rubber stamps" for the 
CEO. Increasingly nominees to these boards consist of friends and/or 
business associates of the CEO, and the first act upon disagreement by 
any current board member is to remove that individual from the "nominee" 
list at the next shareholder meeting.

I would plead you recognize the real need for shareholders to have this 
avenue available to them in order that they may exercise their "rights" 
and concerns as equity owners in the of the coporation(s) they have 
invested in.

Sincerely, 

James Dement, CPA
Tulsa, OK