From: fletch@monitor.net
Sent: Wednesday, December 04, 2002 3:41 AM
To: rule-comments@sec.gov
Subject: Re: File No. S7-36-02



SEC Secretary Mr. Jonathan G. Katz
450 Fifth Street, NW
Washington, DC 20549

Dear SEC Secretary Mr. Jonathan G. Katz,

Re: File No. S7-36-02 

Dear Mr. Katz: 

The SEC's proposed rule S7-36-02 is excellent and very
important. And one might say it's high time, too. 

I really cannot think of one good reason why mutual
funds shouldn't, as a matter of course, disclose to
their investors their proxy voting policies and their
actual proxy voting decisions. 

I suspect that most investors, like me, have wondered
about this from time to time. But, then, we probably
surmised that it's always been that way and there must
be reasons why. 

But, to repeat, there simply is no good reason why.

I strongly urge to SEC to adopt its proposed rule.



Sincerely,

Fred D. Fletcher
325 Neva Street
Sebastopol, California 95472-3665