Subject: File No. S7-07-13
From: Michael Kramer

December 1, 2013

I am writing in support of the Dodd-Frank rule 953(b).  This is about disclosure that is in the interest of the public, as well as shareholders.  The public interest is in the impact that runaway compensation has on our economy.  Let us follow the example being set by several jurisdictions overseas and make this intelligent move.

Thank you for your attention,

Michael Kramer

San Francisco, CA