From: Elizabeth Elliott McGeveran [eemcg@hotmail.com]
Sent: Friday, December 06, 2002 3:03 PM
To: rule-comments@sec.gov
Cc: billmcg@hotmail.com
Subject: Comments on File Numbers S7-36-02 and S7-38-02



Re: File Numbers S7-36-02 and S7-38-02

Mr. Jonathan G. Katz, Secretary
Securities and Exchange Commission
450 Fifth Street NW,
Washington, DC 20549-0609

Dear Secretary Katz:

As an individual investor, I am writing to support the Security and
Exchange Commission's recently proposed rules regarding proxy voting
guidelines and vote disclosure by mutual funds and investment advisers,
File Numbers S7-36-02 and S7-38-02.

With almost all my investments managed by mutual funds, I would greatly 
benefit from knowing how mutual funds are voting proxies on my behalf.
This  information would enable me to choose a mutual fund manager that is 
voting proxies in line with my values on issues of importance to me,
from corporate governance to social and environmental issues.

My husband and I currently invest in a number of mutual funds, but only one 
of them, Calvert Group, provides us with proxy voting disclosure.   We are 
investing money in order to retire.  However, when we retire we also want to 
have clean air, clean water, an economy without discrimination, an economy 
where executive pay is reasonable, etc.  Therefore, it's important for us to 
know if our mutual funds are encouraging a future with responsible 
corporations or if our funds are allowing management to ignore to essential 
aspect of their businesess.

To provide individual investors with more information, I urge the SEC to 
require that disclosure of proxy votes and voting guidelines be directly 
disclosed on mutual fund and investment advisers' web sites, in addition to 
the SEC's web site.

Additionally, I would like to see more specific guidance from the SEC on 
what should be covered in a proxy voting policy or guidelines. Hundreds of 
resolutions are filed by shareholders each year, on a range of issues, and 
voting policies should be broad enough to reflect the diversity of concerns 
coming to a vote.

Thank you for the opportunity to comment on the proposed rules.

Sincerely,

E.  McGeveran
33 Norris St.
Apt. 3
Cambridge, MA 02140







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