September 24, 2013
I’m writing in support of a strong Dodd-Frank rule 953(b).
Corporations should disclose pay ratios between CEOs and average employees - it will tend to rein in out of control, inflated compensation for incompetent executives, and give the struggling middle class and working class useful information as consumers and voters. It will also give investors valuable data about the company's corporate culture.
I am aware that you are under intense pressure by business interests to weaken or abandon the rule. Do not give in. Instead, follow your duty to investors, the American public, and the Congress that passed this bill.
Thank you for considering my comment,
Emanuel Jacobowitz
Seattle, WA