From: Scot Schulte [scot_schulte@hotmail.com]
Sent: Thursday, June 12, 2003 11:20 AM
To: rule-comments@sec.gov
Subject: re S7-10-03 

Dear SEC,

I have a an extensive stock portfolio, a 401(k) plan, and have been investing 
in the market for over 20 years.  I join most other stockholders in a general 
distrust in the ability of corporations to police themselves, and I'm dismayed 
by the continual finding of corporate frauds.  Something needs to be done to 
protect shareholders and company employees.  It is my belief that the SEC 
should mandate a more rigorous selection and approval process for corporate 
directors.

I support the SEC's reviewing the proxy rules to reform them to better protect 
investors and I particularly urge you to increase shareholders' ability to select 
corporate directors.

Scot Schulte



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