From: Henry, Eric [ehenry@nhrs.state.nh.us]
Sent: Thursday, May 29, 2003 1:36 PM
To: 'rule-comments@sec.gov'
Subject: File No. S7-10-03

To whom it may concern:

In a press release dated April 14, 2003, the SEC indicated their intention 
to conduct a "thorough review of the proxy rules and regulations to ensure 
that they are serving the best interests of today's investors, while at the 
same time, fostering sound corporate governance and transparent business 
practices."  We are concerned that the current rules do not serve the best 
interests of today's investors.  One of the key reasons institutional 
investors have been hamstrung in preventing corporate wrongdoing has been 
our inability to act like owners of the companies in which we clearly have 
an ownership stake.  Specifically, we have had no meaningful or reasonable 
access to corporate proxy statements.  We applaud your intentions to review 
proxy rules and regulations.

Best regards,

 

Eric Henry, Executive Director

New Hampshire Retirement System

4 Chenell Drive

Concord, NH 03301