From: Mariaelena Martinez [mym2124@yahoo.com.mx] Sent: Thursday, June 12, 2003 8:00 PM To: rule-comments@sec.gov Subject: Access to the proxy June 12, 2003 Mr. Jonathan G. Katz Secretary Securities and Exchange Commission 450 Fifth Street, NW Washington, DC 20549-0609 Re: File No. S7-10-03 Dear Mr. Katz: I write to request that the Securities and Exchange Commission adopt rules allowing shareholder nominees on the corporate proxy statement. After the recent massive market failure, with $7 trillion lost in equity markets in three years, accounting scandals at major companies and a near complete absence of corporate accountability to shareholders, it is time to grant shareholders a meaningful way to hold directors accountable. This is currently made impossible by the prohibitive costs required to run a proxy fight. The SEC can bring genuine accountability to the boardroom through authentic corporate elections. Granting equal access to the proxy will allow shareholders to nominate directors who independently represent our interests. Therefore, I urge the SEC to change the rules governing director nominations and elections to give shareholders access to the proxy for our director nominees. Sincerely, Michael Ring 11 Cambridge Rd. Kendall Park, NJ 08824 -------------------------------------------------------------------------------- Do You Yahoo!? Yahoo! Net: La mejor conexión a internet y 25MB extra a tu correo por $100 al mes.