From: Will Affleck-Asch [waffleck-asch@qwest.net]
Sent: Tuesday, March 09, 2004 9:53 PM
To: rule-comments@sec.gov
Subject: S7-03-04: I agree with these proposed rules, but still too weak

William Affleck-Asch
3648 Francis Ave N
Seattle WA 98103

The rules as proposed are good, but still too weak.  Without shareholder 
resolutions to help stop expensive executive fees and put a mutual fund back on 
track with its stated goals, they will tend to be ignored and the management firms 
will act in an anti-capitalist manner, rewarding themselves instead of their 
owners.

As someone with about $100,000 in mutual funds, this is a very important issue to 
me.  I don't get to vote on who provides the accounting, I don't get to approve 
excessive executive pay over $1 million, and I don't get to vote against 
the board members who FAIL to do the jobs I pay them for.


Sincerely,


William Affleck-Asch
Seattle