From: Denise Deleo [clovecott@nac.net] Sent: Tuesday, August 12, 2003 9:06 AM To: rule-comments@sec.gov Subject: Rule S7-14-03 It is long overdue time to extend democracy to the corporate world: full disclosure, full transparency, full participation of shareholders, and simple, clear, meaningful voting. Rule S7-14-03, requiring greater disclosure of how board members come to be nominated, is a small but welcome step in this direction. Pass it quickly so that you can get on to the much larger reforms that still need to be made. Sincerely, Robert Carnevale 29 Brown Road Wantage, New Jersey 07461