From: mm18@comcast.net
Sent: Monday, March 29, 2004 6:40 PM
To: rule-comments@sec.gov
Subject: Mutual Funds Board of Directors

I would like to see anyone owning more than 5% of the shares of the mutual fund 
have the ability to place a nominee for the board of directors. 

The cycle of insiders nominating their buddies to the board, who then avoid 
their fiduciary responsibility, has to be broken.

Individual investors are not being served by the current system.

Michael Goldin