From: MAURICE J KELLEY [mrkell2@juno.com] Sent: Monday, November 11, 2002 1:23 PM To: rule-comments@sec.gov Subject: file no. S7-36-02 Mr. Jonathan Katz SEC Washington, DC 0549 Dear Mr. Katz; It is imperative that the subject rule change requiring investment companies to disclose their proxy voting positions to their share holders be made as soon as possible. This is a badly needed reform that will provide more information for the real owners of these shares to make investment decisions. M. J. Kelley 283 Friendship Paoli, PA 19301