From: John B. Licata [belsito@psln.com]
Sent: Wednesday, December 04, 2002 6:25 PM
To: rule-comments@sec.gov
Subject: Comments - Proposed Rule 206(4)-6 Proxy Voting 
by Advisers (s7-36-02)

Securities & Exchange Commission
 
The Labor Department considers proxy voting a fiduciary duty for 
pension fund managers under ERISA.  I see no reason why duties of 
investors in private funds should be any different.
 
I heartily support the proposed rule.  If it doesn't pass, I will 
blame it on the fox in the chicken coop, SEC Chairman Harvey Pitt.
 
J.B. Licata, CEO, S
onoma Securities Corporation, 
Investment Advisor to Individuals  
12-4-02