From: herelocal49 [herelocal49@sbcglobal.net]
Sent: Wednesday, November 27, 2002 7:18 PM
To: rule-comments@sec.gov
Cc: mgarland@aflcio.org
Subject: S7-36-02

Karl J. Neubuerger, Executive Vice President
Hotel Employees and Restaurant Employees Union Local 49
1804 Tribute Road, Suite A
Sacramento, CA 95815
 
 
Mr. Jonathan G. Katz, Secretary
Securities and Exchange Commission
 
Dear Mr. Katz:
 
I am writing in support of the proposed rule requiring mutual funds to disclose 
their proxy votes to investors.  As a labor leader and pension fund trustee, I 
believe that it is essential that this critical rule be adopted as proposed so 
that fund managers will make critical decisions based on sound business judgements 
and not on the basis of corporate client relationships.
 
Sincerely,
 
Karl J. Neubuerger