From: Rob Rocco [superboy_rob@hotmail.com]
Sent: Tuesday, August 12, 2003 3:47 PM
To: rule-comments@sec.gov
Subject: S7-14-03

To Whom It May Concern:

I am writing to express my support for the proposal which would require 
corporations to disclose more information about how directors are nominated. 
This is a positive development.

The information about how board members are nominated would be included in 
company proxy statements. The statements would also be required to include 
information about how investors could convey their concerns to the board. 
Current rules merely require companies to disclose whether or not they have
 a nominating committee and whether shareholders can nominate directors.

The new rules are important, but it is also important to keep in mind that 
this is only a first step toward opening up the corporate director nominating 
process. Further reforms have been discussed which would make it easier for 
minority shareholders to nominate directors. These are truly crucial steps for 
corporate democracy.

While I support this proposal, I believe it is only the first step toward 
opening up the boardrooms of corporate America. Thank you for your time and 
attention.

Sincerely,

Rob Rocco





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