From: nicegilles@hotmail.com
Sent: Wednesday, December 04, 2002 3:20 PM
To: rule-comments@sec.gov
Subject: FILE NUMBER 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: 

I am writing in support of the Securities and Exchange Commission's 
recently proposed rules regarding proxy voting disclosure by mutual 
funds and investment advisers, File Numbers S7-36-02 and S7-38-02. 
I am hopeful that these new rules will enable the American people 
to claim a greater stake in governing the companies whose stocks 
they own. Ultimately, this should result in stronger, more ethical 
companies which reflect the values of their investors, not the 
interests of large mutual fund managers. I also would advocate for 
the requirement to actually reveal the votes, and not just voting 
guidelines. To omit this key element would be like the IRS telling 
taxpayers to merely let them know how much money we intended to make 
this year, and pay them accordingly. Ultimately, accountability is 
tied to documented facts, and not to stated intentions. Thank you for 
giving me and my fellow investors this opportunity to comment on these i
mportant and meaningful regulations. 

Sincerely, 

Jeffrey Gilles