From: robert-fox@att.net
Sent: Thursday, December 05, 2002 11:37 AM
To: rule-comments@sec.gov
Subject: File No. S7-36-02

I am writing to express my support for the SEC proposal requiring mutual funds 
and other registered management investment companies to disclose their proxy 
voting policies and procedures and their actual votes cast.  The proposed rules 
represent a critical step in the fight to reform corporate governance, since 
requiring disclosure of proxy votes is the only way to ensure that mutual funds 
fulfill their fiduciary duty to their investors.

As a mutual fund investor, I find it outrageous that mutual fund companies are 
able to vote in corporate proxy elections using my own shares, yet still refuse 
to disclose their positions.  The result of this situation is that mutual funds 
appear to side with corporate management on many issues to the disadvantage of 
shareholders and company employees.  

Without the new SEC rule, shareholders will continue to be kept in the dark 
about how their money is being used by mutual funds.  I urge you to enact the 
SEC proposal.

Thank you for your attention,

Robert Fox
221 Grant Avenue 
Takoma Park, MD 20912
robert-fox@att.net
301-585-0434