From: David VanDaele
Sent: August 10, 2006
To: rule-comments@sec.gov
Subject: File No. S7-03-04


SEC Chairman Christopher Cox

Dear SEC Chairman Cox,

Stock shares votes held in mutual funds should not be voted unless their owners personally vote.

YOU need to put an end to the coporations that get to vote NON voting owners shares anyway they please, or at the direction of the companies board of directors.

By allowing them to do this you put all shareholds at a disadvantage to how a company is run without eliminating the risk stockholders take when buying stock even if they do vote.
It is well known mutual funds normally represent well over the majority of share holders of any given company.

Lacking your stepping forward on this issue the only other thing to do would be for you to demand every mutual fund solicit votes from every mutual fund owner to vote at EVERY stock holder meeting by mail.

Sincerely,

David VanDaele