From: ethand [ethand@tqci.net] Sent: Sunday, October 27, 2002 9:21 PM To: rule-comments@sec.gov Subject: Fw: file no. S7-36-02/ open disclosure Reference file no. S7-36-02 Mr. Jonathan G. Katz SEC Washington, D.C. 20549 For the record: Dear Sir; To put it simply: What does anyone have to hide if they are doing nothing wrong? All mutual fund companies should be required to divulge to their share holders of record not only their intentions on any upcoming proxy statement vote, but their actual voting record for the last two years. In addition I think it would help restore investor confidence if the companies disclosed any fiscal relationship that the mutual fund has with the company that shares are being voted. Wouldn't it be great if, in our market society, a company could rise up out of no where based on the premise of total disclosure and either put the giants out of business or force them to disclose their votes. It is very evident mutual fund companies don't want total disclosure because it will cut into their profits. How much is enough for these large corporations and mutual fund companies? The current practice is holding the small investors at a large disadvantage. I urge you to make total disclosure in open English format the normal way of doing business to help restore investor confidence to our markets. Respectfully, Ethan W. Darrow P.O. Box 222 Dowell, MD 20629-0222 ethand@tqci.net Smiling makes people happy :) --- [This E-mail was scanned for viruses at tqci.net] --- [This E-mail was scanned for viruses at tqci.net]