RE: File No. S7-19-03From: Williams, Peter [pwilliams@chicagoequity.com] Sent: Friday, December 05, 2003 11:37 AM To: 'rule-comments@sec.gov' Subject: RE: File No. S7-19-03 As an investment adviser we support rule S7-19-03 which will bring about much-needed reforms to the process for electing, and removing, directors from corporate boards. In order for investor confidence to be restored, and for boards to fulfill their duty, it is necessary that shareholders themselves have a greater ability than they currently do to change the composition of corporate boards. I strongly urge the SEC to adopt this long overdue reform. Peter C. Williams Director of Compliance Chicago Equity Partners 312-629-4505 pwilliams@chicagoequity.com