From: Larry Ball [b_t_hyperpotamus@yahoo.com]
Sent: Tuesday, June 10, 2003 11:29 AM
To: rule-comments@sec.gov
Subject: S7-10-03 

To: The Securities and Exchange Commission
From: Larry F. Ball
Re: S7-10-03


To whom it may concern;

     I am writing to convey my strong support for your
proposal to rectify the current inability of
shareholders to vote their proxies authoritatively. 
Not only is this a necessary improvement, so the
interested parties can bring irresponsible and corrupt
corporate managers to task, but also it would help
reduce the temptation for managers to behave corruptly
in the first place. 
     While I realize your reform proposal has only
come out in the form of a press release without
specifically worded provisions, it is nevertheless a
vital matter, especially with the many voters like me
whose pensions and investments are largely in the form
of stock holdings and mutual funds.  This is a problem
that obviously needs both substantial and substantive
correction.  As you continue your deliberations on the
matter I do hope you will have the courage and
conviction to do what is right, both for the sake of
improving the economy overall and for the sake of
small investors like me, for whom the stakes are very
high indeed.  The current system is clearly wrong and
it needs to be fixed; please do so.
     Thank-you for the opportunity to make myself
heard.

Sincerely,
Larry F. Ball
Professor of Art History
University of Wisconsin--Stevens Point





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