From: Tom Anderson [tom.anderson39@verizon.net]
Sent: Monday, December 08, 2003 6:10 PM
To: rule-comments@sec.gov
Subject: S7-19-03 Comment

Sensitivity: Confidential

Thomas Anderson
7717 Cap Rock Drive
Plano, TX 75025

December 4, 2003


Secretary Jonathan G. Katz    S7-19-03
U.S. Securities and Exchange Commission
450 5th Street, Northwest
Washington, DC  20549

Dear Secretary Katz:

The Securities and Exchange Commission has been examining a variety of ways
to decrease the possibility of improper, unethical corporate practices.
Unfortunately, changes have been proposed that may have quite the opposite
effect.  The proposal that I am particularly concerned with gives special
rights to large shareholders.

The SEC has proposed to give large and special interest shareholders the
right to nominate members to a company's Board of Directors.  The Board of
Directors is responsible for protecting the shareholders’ assets, and
ensuring that the shareholders receive a decent return on their investments.
They influence the integrity and steadiness of our economic system.   If
special interests were given the opportunity to serve on the board, it would
taint the decisions of that company.

Considering the corporate scandals in recent times, I am concerned about
these proposals.  I have been investing for thirty-five years and do not
want my investments to be threatened by special interests.  Please
reconsider these proposed changes.  Thank you.


Sincerely,

Thomas Anderson