Subject: Comments for File Number S7-12-11

May 27, 2011

I personally believe that federal regulators should not be concerned or invovled with compensation issues in the private sector AS LONG AS their profits are based on conservative business practices that are equally enforced across the board. Much more important, in my mind, is that federal regulators do their job to the fullest extent of the law and that all legislation, past, present, and future, conform to and translate to activities that protect and server the well being of the citizens of the U.S.A. and not special interests.

Thank you for considering my comment,

Sheldon Silverstein

Van Nuys, CA