Subject: Dodd-Frank Act Title IX: Executive Compensation
From: Alan Thayer

May 16, 2012

Please promptly issue a rule requiring public companies to disclose their ratio of CEO-to-worker compensation, as required by Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

This pay ratio disclosure requirement will help investors evaluate the overall level of CEO compensation relative to other company employees.

Sincerely,

Alan Thayer