From: brock5309@aol.com Sent: Friday, November 08, 2002 11:34 AM 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. The wave of corporate scandals provides ample evidence that corporations need greater accountability. It is estimated that mutual funds account for 20 percent of proxy votes at corporate shareholder meetings. 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 voting on issues related to executive pay, board make-up and independence, 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. Jim Brockman 5309 S. Ashland Ave. Countryside, IL 60525