From: Karin Uhlich [karin@economicintegrity.org] Sent: Wednesday, December 04, 2002 11:46 PM To: rule-comments@sec.gov Subject: FILE NUMBERS S7-36-02 and S7-38-02 Re: File Numbers S7-36-02 and S7-38-02 Mr. Jonathan G. Katz, Secretary Securities and Exchange Commission 450 Fifth Street NW, Washington, DC 20549-0609 Dear Secretary Katz: I am writing on behalf of the Southwest Center for Economic Integrity (SCEI) in support of the Security and Exchange Commission's recently proposed rules regarding proxy voting guidelines and vote disclosure by mutual funds and investment advisers, File Numbers S7-36-02 and S7-38-02. The mission of SCEI is to build economic strength by advancing fairness, understanding, and community action. We congratulate the Security and Exchange Commission for instituting meaningful disclosure that we believe will in fact bolster fairness, understanding and appropriate action on the part of investors. We strongly support the recommendations set forth in these proposed rules. Many of the points we would seek to advocate have been powerfully stated already by the Social Investment Forum. We urge you to take their recommendations into account as you move toward implementation. The informed involvement of shareholders, whether directly or through mutual funds or advisers, will be critical in the effort to ensure greater corporate accountability and a more sound market system. Without true transparency and engaged proxy voting we cannot hope to achieve those ends. Thank you for the opportunity to share our views on these important proposed rules. Sincerely, Karin Uhlich, Director Southwest Center for Economic Integrity 509 S. Sixth Avenue P.O. Box 41972 Tucson, AZ 85717-1972 Phone: 520 971-1472 Fax: 520 743-9110 karin@economicintegrity.org