MessageFrom: Ken Nathanson [knate@snmlaw.com] Sent: Sunday, June 08, 2003 7:01 PM To: rule-comments@sec.gov Subject: Reform (s7-10-03) Because the management of public companies has been a hot topic since the embarrassing and detrimental conduct of many CEOs and boards of directors has been exposed, I believe that temporarily at least, management will be less likely to engage in excesses and less likely to commit fraud upon investors, so I have recently begun investing in the market. However, I am quite sure that unless the SEC takes a firm hand and makes management more accountable, high ranking officers and boards will relapse into self serving conduct detrimental to their investors. Management needs to be directly accountable to its shareholders and I think modification of the proxy rules is at least one way to begin this process. Thanks for listening. Ken Nathanson.