From: Walter J. Loick [wloick@lbs.com]
Sent: Monday, October 28, 2002 10:18 AM
To: rule-comments@sec.gov
Subject: Disclosure of Management company proxy voting

Investors cannot make informed investment decisions without access to
important information about mutual funds, including information about how
funds vote proxies. The SEC's proposal takes a first step toward making
proxy voting information publicly available, but the proposal falls short by
failing to make the information useable to investors. The rule also allows
fund managers to conceal their economic incentives to vote proxies against
the interests of fund shareholders. I urge, insist, that the SEC fix these
problems in the final rule.