From: Alan Fuchs [mwalimu2@yahoo.com]
Sent: Friday, December 06, 2002 11:24 PM
To: rule-comments@sec.gov
Subject: File No. S7-36-02

Jonathan G. Katz, Secretary, 
Securities and Exchange Commission, 
450 Fifth Street, NW, 
Washington, DC 20549-0609

RE:  SEC Proposed Rule - Disclosure of Proxy Voting
Policies and Proxy Voting Records by Registered
Management Investment Companies (S7-36-02)

Secretary Katz,

I strongly support the proposed rule.

Mutual funds can wield an enormous influence on
corporate behavior and governance through proxy
voting.  While I would like to believe that those
charged with exercising this influence are doing so in
their shareholder or investor’s best interest, recent
events have shown that having such trust can turn
investor to fool.  As an investor, I want to know how
my mutual funds are discharging their responsibility,
and this rule would go a long way towards assuring me
that my mutual funds interests are aligned with my
own.

Regarding some of the specific questions on which you
requested comment, I would be most interested in
having web-based access to proxy-voting
policies/procedures and to company-specific voting
information.  I would prefer that this information be
updated at least semi-annually, and preferably more
frequently.  This would allow me to determine a fund’s
vote on specific companies/issues while the
companies/issues are fresh in my mind.

Thank you for your efforts on behalf of individual
investors.  The clarity and transparency that this
proposal will bring to proxy voting can only improve
corporate governance and accountability. 

Alan Fuchs
Somerville, MA



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