From: J Glassgold [jmglass2000@yahoo.com] Sent: Friday, December 06, 2002 6:17 PM To: rule-comments@sec.gov Subject: RE: S7-36-02 To Whom It May Concern: As a private citizen who has most of my retirement and taxable funds invested in mutual funds, I strongly support your proposed rule to require mutual fund companies to disclose their proxy votes to share holders. My decision to invest with different companies is not only related to the return I receive on my investments, but the policies of the company. This type of increased transparency and disclosure from fund managers would aide me in my investment decisions.. Proxy voting is a fiduciary duty to be exercised in the best interests of shareholders; this requires that those shareholders know what decisions are being made so that they can decide if those decision are in their best interest. Arguments against this rule are patronizing to shareholders The abuses and scandals of the last year have clearly indicated the need for greater transparency in corporate governance; this rule is just a simple step in that direction. I urge you to adopt these provisions. Judith Glassgold 4 Wertsville Road Hillsborough, NJ 08844 __________________________________________________ Do you Yahoo!? Yahoo! Mail Plus - Powerful. Affordable. Sign up now. http://mailplus.yahoo.com