From: Melissa Hill [hill_mk@hotmail.com]
Sent: Tuesday, June 10, 2003 2:37 AM
To: rule-comments@sec.gov
Subject: (s7-10-03) Real Shareholder Democracy

Mr. Katz,

The Securities and Exchange Commission has said it will review proxy rules 
and regulations regarding the election of corporate directors.

Current rules make it very difficult for minority shareholders to nominate 
candidates for the board of directors. The result is that in most board 
elections, there is only one slate of candidates ¡V picked by and for the 
current board.

But now that the SEC has agreed to review how corporate directors are 
elected, I hope that it may consider ways to make it easier for minority 
shareholders to nominate directors and to gain some kind of proportional 
representation on the board of directors.

Shareholder democracy matters and  minority shareholders need greater powers 
to appoint directors to end a corporate election process that is operated 
for and by corporate insiders.

I hope you agree on this matter and look forward to seeing the results of 
the SEC's review.

Sincerely,
Melissa Hill, conerned citizen

_________________________________________________________________
Protect your PC - get McAfee.com VirusScan Online  
http://clinic.mcafee.com/clinic/ibuy/campaign.asp?cid=3963