From: Rich Peppers [peppers@igc.org]
Sent: Saturday, May 31, 2003 12:14 AM
To: rule-comments@sec.gov
Subject: S7-10-03

Sirs or Madams:

Please accept this email as my comment on one of the key issues before the
SEC, this year.  On the matter of shareholder access to the proxy for
director determination, I urge you to take the strongest possible supportive
position.  

As a mutual fund investor and a pension fund participant, I have a direct
stake in the outcome of your deliberations.  I don't need to repeat for you
all the recent - and some not-so-recent - revelations of disturbing, and
often even criminal behavior by corporate leaders.  The effect of the
actions of the leaders in undermining large and small investor confidence in
corporate reporting and accountability cannot be over-stated.

Greater openness in selection of directors is but one of several measures
that can and should be taken to restore confidence in our stock market and
in corporate accounting.  I urge you to please do your part in making that
possible.

Sincerely,

Rich Peppers