From: mdeluce@elusive.com
Sent: Friday, November 29, 2002 8:57 PM
To: rule-comments@sec.gov
Cc: san@socialinvest.org
Subject: FILE NUMBER S7-36-02 and S7-38-02
Mr. Jonathan G. Katz, Secretary
Securities and Exchange Commission
450 Fifth Street NW
Washington, DC 20549-0609
Cc: Mr. Harvey L. Pitt, Chairman
Dear Chairman Pitt and Secretary Katz:
I am writing in support of the Securities 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. I congratulate the agency for instituting
meaningful disclosure that will surely bolster confidence in the
equity markets, and strongly support the recommendations set forth
in these proposed rules.
As an investor with over $800,000 invested in mutual funds, I would
find it extremely valuable to know the proxy voting records of mutual
fund managers. It would personally influence my purchasing decisions,
and I believe it would allow many more people to invest in deeper
alignment with their values, thus having a significant and continuing
effect on the business community.
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. Furthermore,
print copies should be made available to those investors that do not
have access to the web, or for those small companies that meet the
rule criteria, but that do not have an Internet presence.
Thank you for considering this matter seriously. Thank you for the
opportunity to comment on the proposed rules.
Sincerely,
Marcy de Luce
San Franciso, CA
Marcy de Luce
mdeluce@elusive.com