From: Peter.Wall@ftse.com
Sent: Friday, December 12, 2003 12:03 PM
To: rule-comments@sec.gov
Subject: File No. S7-19-03, commenting on the company director election
pr ocess 

Dear Comissioners & Staff of the SEC,

I wish to add my voice to those supporting SEC rules that permit
shareholders to have greater access to the company director election
process. 

Responsible ownership of companies can only be achieved when the owners are
most directly involved in the selection of their representatives on the
board of directors. Any regulation supporting greater independence of Board
members of publicly-traded companies from company management, and greater
dependence of Board membership on shareowners' support, can only have a
long-term beneficial effect on corporate governance and our economy at
large. Minimizing obstacles to shareholder participation in determining
shareowners' collective interests, and who represents our interests in
overseeing company management, should be an ongoing goal of the Commission.

Thank you for this opportunity to comment.

Sincerely yours,
Peter Wall
7449 Idylwood Road
Fall Church, Va. 22043


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