From: ableready@aol.com
Sent: Monday, November 11, 2002 2:15 PM
To: rule-comments@sec.gov
Subject: File No. S7-36-02



Dear SEC Secretary,

I am writing in support of the SEC's proposed rule to require mutual fund 
companies to disclose how they vote on corporate proxy resolutions, which 
often deal with issues of concern to me.  The recent wave of corporate 
scandals provides ample evidence that corporate America need greater 
transparency, responsibility and accountability.  It is estimated that 
mutual funds, which represent about 90 million Americans, account for 20 percent 
of proxy votes at corporate shareholder meetings. As such, mutual funds can play 
a major role in insisting on more responsible behavior on the part of publicly 
traded companies.
 
In the absence of public disclosure of proxy policies and proxy voting records, 
there is no way for me to know whether the manager of my mutual fund is acting 
in a manner that reflects my wishes.  As a mutual fund shareholder, I want to 
know how my mutual fund is voting on issues related to executive pay, board 
make-up and independence, global warming and other environmental issues, worker 
rights, gender discrimination and other issues that matter to me.  I want potential 
conflicts of interest exposed.  I want to know what principles will guide the mutual 
fund in determining how it votes in corporate proxy contests. 

I believe that as an owner of a mutual fund, I am entitled to know how my proxy 
is being voted. I urge the SEC to stand up for investors and for corporate 
accountability and to vote in favor of the proposed proxy voting rule.
as a fidelity investor-they have over $100,000 of my family's earning!!! I want 
a better choice of investments offered to employees AND better info about them. 
why cant we know what the up-to-date composition of stocks/bonds is in the funds.financial/insurance conglomerates take our $ & waste our time dragging out 
endless info from us.in essense,we pay for all this info technology.so we want 
complete, timely,transparent access to all financial info that mite put our hard 
earned savings at risk.  also why constant "maintenance" fees on simple 
interest-bearing accounts.the maintenance fees will cost us more than financial 
interest we earn for use of our $. hell of a lot less than banks/insurance 
conglomerate earn on our $

heather valenti

41 oak st

uniondale, ny 
11553