Subject: File No. S7-07-13
From: Martin Andrew

October 29, 2013

Oct 29, 2013

Securities Exchange Commission

Dear Commission,

As an investor, an employee and an American, I am writing to express my support for the SEC's proposal requiring disclosure of the CEO-to-worker pay ratio, as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

A pay ratio disclosure will help investors better evaluate CEO pay levels when voting on executive compensation matters. Compensation experts have found that there is a correlation between high CEO pay and poor performance. By mandating disclosure of the ratio of CEO to worker pay, inequities will  become more transparent.

A large majority of CEO's are overpaid. They hold the company boards hostage when someone is needed at the helm and they cut themselves huge golden parachutes and fantastic salaries even when their companies are in the red, simply because they can. By the same token, a large majority of working Americans haven't seen their wage go up significantly since the 1980's. Shame on them!

I believe that being able to compare similarly situated corporations CEO pay packages to each other may help ratchet down the high CEO-to-worker pay ratio. Again, shame on them!

Sincerely,

Martin Andrew

Brooklyn, NY