From: PRyan101@aol.com
Sent: Thursday, January 23, 2003 4:30 PM
To: rule-comments@sec.gov
Subject: Make shareholder voting count (s7-36-02)
Dear Commissioner

The NYC Comptroller was shocked that companies are legally allowed to 
ignore their shareholders' wishes. Comptroller Thompson said he and 
trustees from five New York City pension funds and other big institutional 
investors will be calling on Congress, the Securities and Exchange 
Commission, the New York Stock Exchange and the Nasdaq to make new 
rules or laws requiring companies to act on any measure that gets a 
majority of shareholder approval in annual proxy voting. 

IThe New York Stock Exchange has a proposal, currently in a review 
period, which would prohibit brokers from voting shares they hold for 
investors. 

I concur...this needs to be corrected. Id the sahreholders vote in 
favor of a proposal then it must be implemented. Boards must be 
prohibited from overriding the "owners" wishes.