From: Richard Scotty [rscotty2@hotmail.com]
Sent: March 29, 2004
To: rule-comments@sec.gov
Subject: File No. S7-19-03

I'm in support of this reform. Given recent events in corporate governance debacles, its high time to make the necessary changes to allow the owners of the company to nominate their own directors on the company ballot.

Richard Scotty