From: Ricardo Ortega [cgdo1209@swcp.com] Sent: Tuesday, October 29, 2002 1:04 PM To: rule-comments@sec.gov Subject: file# S7-36-02 I'm writing to support Mr. Mercer Bullard's suggestion to improve rules governing fund managers practices with regard to 401-Ks, and possible conflicts of interest with other accounts that they manage, as well as how compensation is determined for all the fund management activities. I'd like the SEC to establish a pilot program making information easiliy available on the the largest 200 equity fund's records with regard to proxy issues. This database should list the topic of the vote, management's position on the matter, how the fund voted, and any other financial relationship the fund has with the proxied company or it's affiliates. If the SEC doesn't act quickly & decisively on this issue, with a clear intention to protect individual investors, the capital markets will shrink further, as individual investors, such as myself, keep getting the message that the "game is rigged" in favor of special interests, such as the groups that opposed appointment of Mr. John Biggs to head the FASB. Mr. Pitt must soon unequivocally demonstrate independence from political & lobbying pressures, and act to restore the confidence of individual investors - he's not doing very well so far. Sen. Sarbanes may soon convince others in the Congress that Mr. Pitt must go. Ricardo Ortega