From: richard bell [richardbell76@yahoo.com]
Sent: Tuesday, June 17, 2003 1:39 PM
To: rule-comments@sec.gov
Subject: Petition for Rulemaking (SEC File No. 4-461)

To: rule-comments@sec.gov
From: richardbell76@yahoo.com
Sent: Tuesday, June 17, 2003
Subject: Petition for Rulemaking (SEC File No. 4-461)


I fully support and encourage the passing of SEC File
No. 4-461 for shareholders to elect truly independent
Directors.  

The hand picked (by the CEO) Boards of Directors in
American corporations cannot be relied upon to take
action on behalf of shareholders. Increasingly
nominees to these boards consist of friends and/or
business associates of the CEO that do not scrutinize
the CEO or his management team once elected to the
board.   

It is time that democracy should come to the corporate
ballot. Shareholders (the true owners of corporate
America) should be entitled to a fair and impartial
opportunity to elect truly independent Directors.

I hope you pass this rule.

Richard Bell




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