From: schneider7@cox.net Sent: Friday, November 08, 2002 4:42 PM To: rule-comments@sec.gov Subject: File No. S7-36-02 Dear SEC Secretary, Enron, Adelphia, Global Crossing, and too many other examples of financial irresponsibility should be enough to convince anyone of the necessity of strict corporate oversight. The environmental and social direction of a company requires sensitivity to the issues, appreciation of the "big picture, and no small amount of courage. Oversight and direction begins with the boards and the executive committees. Board members and executives must act free of self-interest, and free of too-narrow a focus on merely the bottom line. I understand the SEC is reviewing a proposed rule that would require mutual fund companies to report their proxy votes. Since most of us have our savings tied up in mutual funds, not directly in stock ownership, our direct influence on companies is filtered through another layer of well-connected executives. If I cannot readily find out how a mutual Fund voted its proxies, I don't know whether my money is invested in companies that practice the high level of fiduciary and social responsibility I expect. Please stand up for investors like me. Please vote in favor of the proposed proxy voting rule. Jim Schneider 9840 Louis Drive Omaha, NE 68114-1234