From: Joe Breddan [joe11756@msn.com]
Sent: Friday, June 13, 2003 4:36 PM
To: rule-comments@sec.gov
Subject: File No S7-10-03 

Dear Secretary Katz,

While you may well recognize the attached letter as one that has been
drafted and forwarded around, please be assured that I have, for some time,
been among those who feel the need for mechanisms to help make corporate
boards more open and accountable to shareholders.

My thanks to you for considering the changes outlined in the letter, and
I'll be
hoping that adoption of those changes will be one of a continuing series of
measures to open up the process, and restore investor confidence therein.

Sincerely,
    Joe Breddan
    joe11756@msn.com