September 24, 2013
I’m writing in support of a strong Dodd-Frank rule 953(b).
I am really tired of these big corporation CEO's reaping the financial benefits of fraud perpetrated by their corporations against the public in connection the financial crisis of 2007–2009 and NOT being held accountable.
Additionally, why does the SEC allow these same CEO's to not only sit on their Board of Directors, but also be the Chairman of the Board? A CLEAR conflict of interest.
These frauds continue to this day. For example, on cable TV, the selling of high-priced get-rich-schemes, such as derivative trading courses to the unsophisticated investor.
Disclosing corporate pay ratios between CEOs and average employees is the very least you can do.
I am aware that you are under intense pressure by business interests to weaken or abandon the rule. Do not give in. Instead, weigh your duty to protect investors and the American public against the self-serving interests of those seeking to undermine this rule.
Thank you for considering my comment,
William Strahan
South Daytona, FL