From: Ozeki/Cyr [ozekicyr@dmcom.net] Sent: Wednesday, December 04, 2002 11:30 AM To: rule-comments@sec.gov Subject: PROPOSAL: Disclosure of Proxy Voting Policies and Proxy Voting Records I SUPPORT THIS PROPOSAL Being averse to needless bureaucracy, and a very cost sensitive investor, I understand that even a non felon in management may have honest reservations regarding the SECıs proposed disclosure rules. However, our duplicitous system that claims great transparency--where little exists--has recently provided ample evidence that the potential dangers of management secrecy far outweigh the cost and inconvenience of honesty and openness. Since Congress has done their best to make felonies (by corporations) legal, and has eviscerated the SECıs budgetary ability to provide competent enforcement of what little regulation remains, it would seem logical for right meaning regulators to stand their ground on regulatory measures that should be so easily enforced as this proposal would appear to be. While I strongly support this proposal, I believe that every effort should be made to minimize unnecessary printing and mailing. To this end, I suggest that it should be mandatory for the proposed disclosures to be posted (with easy to find links) on the financial entityıs investorıs web site; and/or on a web page easily accessed through the SECıs web site. What I would hope would also be addressed, is the issue of the often minimal and incomplete information regarding the election of trustees. I like to know in what manner these individuals are invested, how they as individuals act and/or vote for, or against, the interest of shareholders; and in some cases whether they even show up to provide a few hours per year of their time, in exchange for their ample compensation packages. David J. Cyr Delhi, NY