October 21, 2013
I wholeheartedly endorse the proposed rule:
1) It is much needed to provide some restraint on an otherwise unmonitored situation. This rule does not over-burdening the SEC or investors with additional disclosure requirements.
2)This rule is not motivated by political or social goals but rather seeks to regulate an unrestricted and much-abused situation of near self-compensation determination.
3) The rule is within the SECs mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation.
4) As an investor I believe that CEO pay ratios are important to my investment decisions.
5)I would urge a check process of the companies sampling techniques, estimates, and applied compensation measures used to find their median employee.
6) the rules should require additional disclosures or inflexibility in attempting to facilitate comparisons of CEO pay ratios among companies because of the minimal burdens and costs that would impose.
This rule should be a first step in reigning in out-of-control practically self-determined executive salaries