Subject: File No. S7-07-13
From: Carol Smith

October 12, 2013

Please strenghten the Dodd-Frank rule 953(b).  Americans who do the real work earn less and less while CEO pay balloons and corporate profits soar.

Disclosing corporate pay ratios between CEOs and average employees is a basic piece of information owed to the American public and to shareholders in publicly-traded corporations.  It will publicly disclose which corporations are siphoning money away from investors and into the pockets of CEOs. It will help us stem the 20+ year explosion in pay ratios and will help protect the federal government against charges of criminal negligence in this area.

 

Carol Smith

Falls Church, VA