From: "DWIGHT THOMPSON" To: enforcement@sec.gov Subject: File No. S7-03-04 Date: Sun, 07 Mar 2004 09:16:41 -0800 Mime-Version: 1.0 Content-Type: text/html Message-ID: X-OriginalArrivalTime: 07 Mar 2004 17:16:41.0714 (UTC) FILETIME=[F551D520:01C40467] X-Virus-Scanned: by SEC ----- END SEC HEADER ----- I vote for an independent "Chairman of the Board who represents the investors." It's very interesting that the web page that allows one to send an email for comments has a bad email address. The address that will not go through is rule-comments@sec.gov Was this by design or just a foolish error? Proposed Rule: Investment Company Governance SECURITIES AND EXCHANGE COMMISSION 17 CFR Part 270 [Release No. IC-26323; File No. S7-03-04] RIN 3235-AJ05 Investment Company Governance AGENCY: Securities and Exchange Commission. ACTION: Proposed rule. Summary: The Securities and Exchange Commission ("Commission") is proposing amendments to rules under the Investment Company Act of 1940 to require registered investment companies ("funds") to adopt certain governance practices. The proposed amendments, which apply to funds relying on certain exemptive rules, are designed to enhance the independence and effectiveness of fund boards and to improve their ability to protect the interests of the funds and fund shareholders they serve. Dates: Comments must be received on or before March 10, 2004. Addresses: To help us process and review your comments more efficiently, comments should be sent by one method only. Comments in paper format should be submitted in triplicate to Jonathan G. Katz, Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. Comments in electronic format should be submitted to the following E-mail address: rule-comments@sec.gov . All comments should refer to File No. S7-03-04; if E-mail is used, this file number should be included on the subject line. Comment letters will be available for public inspection and copying in the Commission's Public Reference Room, 450 Fifth Street, NW, Washington, DC 20549. Electronically submitted comment letters will be posted on the Commission's Internet web site ( .) For Further Information Contact: Catherine E. Marshall, Attorney, Office of Investment Adviser Regulation, (202) 942-0719; C. Hunter Jones, Assistant Director, Office of Regulatory Policy, (202) 942-0690, Division of Investment Management, Securities and Exchange Commission, 450 Fifth St., NW, Washington, DC 20549-0506. Supplementary Information: The Commission is proposing amendments to _____ Frustrated with dial-up? Lightning-fast Internet access for as low as $29.95/month.