Subject: File No. S7-30-10
From: M W L

December 14, 2010

In response to the proposed "reporting of proxy votes on executive compensation and other matters rule" (File No. S7-30-10, I would like to comment that this is a long overdue rule for the protection of individual fund investors. As an individual investor in a mutual fund, the said investor is likely attempting to gain diversification of their portfolio without losing the benefits he/she gains from individual equity ownership. These benefits as an owner include, and are not limited to, the right to dividends and the right to vote. In the instance of mutual funds, an investor has every right to know how their respective manager is voting in equity shareholder issues. This information ensures that the investor is adequately informed about their hired managers practices and whether this fund's objectives/actions are in line with the individual's investment objectives. Simply put, this voting information is a necessary disclosure that an investment consumer has every right to.