From: Ann & Gerry [anngerry@cox.net]
Sent: Thursday, June 12, 2003 10:50 AM
To: rule-comments@sec.gov
Subject: S7-10-03

Dear SEC staff,

 

Re:  S7-10-03

 

I am a long-time investor, and I am requesting a review of the proxy regulations.  
I believe that the regulations need change to ensure that investors maintain control 
over the choice of the corporate directors.  There seem to be too many occurrences 
of directors being chosen by CEOs, resulting in the directors’ allegiance to the 
CEO rather than to the shareholders.

Please give this your most careful consideration.  Many investors don’t realize that 
they can have a voice in this matter by writing to you or I’m sure you would have many 
thousands of letters expressing my same concerns.  This is really an important issue 
and I’m sure most investors would want all corporations run in a manner consistent 
with the principles that we all regard as fundamental to the standards that have made 
the US the country that sets high moral and ethical tones for the rest of the world.  

 

 

Sincerely,

Frank G. Winant