September 26, 2013
Please strengthen the Dodd-Frank rule 953(b).
Disclosing corporate pay ratios between CEOs and average employees will discourage the outrageous and reckless pay practices that fueled the 2008 crash.
At the expense of taxpayers, Wall Street executives are making obscene, economically reckless salaries while income inequality in this country is the highest it has been since 1928. We bailed them out; they got richer; we got poorer.
I research company ethics and CEO salaries when considering which businesses to support with my consumer and investment dollars.
The SEC works for the American public, not corporations and ultra wealthy individual.
Our economy was healthier when taxes were much higher.
I am aware that you are under intense pressure by business interests to weaken or abandon the rule. Do not give in. Instead, weigh your duty to protect investors and the American public against the self-serving interests of those seeking to undermine this rule.
Thank you for considering my comment.
Amanda Harding