From: Arthur Braunschweig [abraunschweig@e2mc.com] Sent: Wednesday, December 04, 2002 6:13 PM To: rule-comments@sec.gov Subject: File No. S7-36-02: Proxy Voting Disclosure Dear Ladies and Sirs your proposal is timely and well founded. I write to you as a co-author of projects helping to create transparency on environmental and social performance of companies (SPI-Finance 2002 and EPI-Finance 2000). Such moves towards greater transparency and information from the side of some companies will be well mirrored by your proposed proxy voting disclosure rule. As you are well aware, similar regulations have been introduced in a number of European countries. It will be a very strong sign for transparency if your regulation will be fully introduced. From another point of view, a fund should basically not feel any problem by this proposed regulation, as it is not implying any specific policy but only reporting on it. I therefore clearly support your proposed rule on proxy voting policies and records. Yours Sincerely Arthur Braunschweig -- Arthur Braunschweig, Dr.oec.HSG, Managing Partner E2 Management Consulting AG Sustainability in Business Wehntalerstr. 3, CH-8057 Zürich Tel +41-1-362 85 72, Fax +41-1-361 86 01 Latest News on E2 projects: (see also: www.spifinance.com and www.epifinance.com )