From: warren mills [warrenmills@bellsouth.net]
Sent: Saturday, January 25, 2003 10:31 PM
To: rule-comments@sec.gov
Subject: mutual fund oversight (s7-36-02)

Dear Sirs,
 
I recently read with interest in my local newspaper that the SEC was 
debating requiring Mutual Funds to notify their shareholders how they 
voted with their proxy votes.  The mutual funds were against this, 
saying it would add much work and expense which would ultimately reduce 
shareholder return.  They said such a requirement could result in hundreds 
of pages of documents being mailed to shareholders.
 
I already receive significant mailings from individual stocks I own.  I 
don't relish receiving more in the mail.  However, I do think it should 
be available to all shareholders via the internet in a easily readable 
form.  I think this is the best option since the majority of shareholders 
have internet access. The media would then have open access also.  I doubt 
that I would ever look at it, but I would feel much better knowing that I 
had access if I desired it.  
 
I wholeheartedly support your efforts to end conflict of interests in the 
markets.  I have not invested much money the last year due to a lack of 
confidence.
 
sincerely,
Warren Mills, MD
 
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