Council of Institutional Investors
February 10, 2003
Jonathan G. Katz
Re: File No. S7-52-02
Dear Mr. Katz:
The Council of Institutional Investors, an association of more than 130 public, corporate and union pension funds with over $3 trillion in investments, supports the Securities and Exchange Commission's proposal to require electronic filings of Forms 3, 4 and 5.
The electronic filing requirement will ensure that shareholders have access to timely information about the buying and selling activities of executives and directors.