From: Sigmund Roos [roos@frlaw.com] Sent: Wednesday, June 04, 2003 10:47 AM To: rule-comments@sec.gov Subject: S7-10-03 Dear Commissioners: As a shareholder in more than three dozen publicly traded companies, I applaud your decision to consider reforming rules that affect my rights, namely the right to select the directors of my companies. It seems only fair -- and right. In the past several years we have seen the abuses that can result when CEO's and directors are too closely associated. The owners, not management, should nominate and elect those they wish to serve as their fiduciaries. Sincerely, Sigmund J. Roos 36 Wood Street Concord, MA 01742 (978) 369-0369