From: Nancy Peelen [nancyghp@comcast.net]
Sent: March 30, 2004
To: rule-comments@sec.gov
Subject: File No. S7-19-03


Though the SEC proposal won't correct the violations of corporate directors and irresponsible board members governance, it may send a wake up call for more ethical conduct. Please adopt the SEC proposal.

Sincerely,
Nancy Peelen