From: ARamirez@futaba.com
Sent: Thursday, February 13, 2003 9:48 AM
To: rule-comments@sec.gov
Subject: (s7-36-02) Fund Disclosure on Corporate Proxies

As an average investor, I believe it is the regulator's responsibility
to mandate transparency in the financial markets.  Therefore, I believe
it is prudent for the SEC to mandate that the mutual fund companies
disclose their votes on corporate proxies.

At the same time, I don't think it is the role of regulators to unfairly
burden the mutual fund companies with excess costs to comply
with the rules.  Therefore, I think it is appropriate to require that
the fund companies only be required to post their voting history
on their Internet sites and not be required to print and publish such
data.

Al Ramirez
Elk Grove Village, IL