From: OAustin567@aol.com
Sent: Friday, November 01, 2002 3:10 PM
To: rule-comments@sec.gov
Subject: File No. S7-36-02

I am in favor of requiring Mutual Funds to make public, or at least to their 
shareholders, how they vote their many proxies. They have to answer for the 
way that they vote.
I am fed up with the outrageous salaries and perks given to so many CEO's. If 
the mutual funds have their shareholders interests at heart and also knew 
that the shareholders would know how the proxies were voted, they might be 
more apt to vote down some of the absurd perks given to CEO's and other 
officers of companies.
I own funds in both Vanguard and Fidelity, and both of them hold General 
Electric. When I read of the excessive retirement benefits and perks that 
Jack Welch gets I am shocked. Someone must have voted for that. The mutual 
funds must be responsibile for how they vote and must report it to 
shareholders.
Charles O. Austin