From: michael cf walker [big.otter@juno.com]
Sent: Thursday, December 05, 2002 9:52 AM
To: rule-comments@sec.gov
Subject: file no S7-36-02

Economies are full of secrets. Disclosure should not be subject to
convenient omissions. As an investor in mutual funds it's not a privilege
but a right to know how proxies are executed. I wholeheartedly support
fund transparency in every form. Mutual funds must disclose proxy voting
policies, procedures and records. We don't deserve secret ballots.

Michael Walker