From: harris@wctc.net Sent: Tuesday, December 03, 2002 8:55 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 support proxy voting disclosure by mutual funds and investment advisers. As a mutual fund investor, I hope the Commission will institute the recommendations set forth in your proposed rules. I think funds and advisers should disclose their votes as well as their guidelines and procedures. The rules will make a clear statement that proxy voting is a fiduciary duty and should be exercised with the interests of fund holders in mind. Participants and regulators have seen advisers often automatically vote with management. This should not be the case. The proposed rules would not only help investors identify those funds and advisers that carefully look at proxy proposals before voting on them, but also those who emphasize strong corporate governance and high standards of corporate responsibity. These rules will also provide me with an opportunity to choose mangagement that encourages greater social and environmental responsibility. I hope you will take this important step toward restoring investor confidence in the markets. Sincerely, Ronald G. Harris