From: Joseph C Friedman [jcfriedman@juno.com] Sent: Thursday, June 12, 2003 11:40 PM To: rule-comments@sec.gov Subject: shareholder participation - Re: S7-10-03 I'm a concerned shareholder and simply wish to express my preference for increased shareholder participation in corporate management and oversight. Where we have now witnessed multiple situations where corporate boards of directors are basically captive to management (examples: Enron and Worldcom) it would appear that much MORE necessary to increase SHAREHOLDER participation in corporate affairs and oversight. Please exercise whatever discretion your agency has in FAVOR of increased shareholder participation in corporate decision-making. Thank you. Joseph C. Friedman Mill Valley, California