Subject: File No. S7-07-13
From: George Mavromatis

November 30, 2013

I support Dodd-Frank rule 953(b).

The last 30 years while the productivity of American workers has increased, their compensation (adjusted for inflation) has stayed stagnant or increased with a far lower rate. Meanwhile, executive compensation has increased in much higher rate than ordinary worker compensation meaning that executives steered the productivity gains of ordinary workers into their own pockets.

It is important that this disparity of wage increases be disclosed publicly and prominently.

George Mavromatis

San Francisco, CA