Subject: File No. S7-07-13
From: Mike Milner

November 7, 2013

Dear Securities and Exchange Commission:
It is time to expose this unbalanced portion of society. These CEO's, Presidents, EOC's and the rest need to come out of their corporate closet. What are they hidding from ?  We already know they are not embarrased by this ratio, but very proud....now lets just expose that pride !! I am very tired of hearing the excuses of union labor cost too much. This is the only fact that will hold their feet to the fire. It should be publisized in every newspaper,company profile of accesable to anyone. It is time for the growth at the top to stop the greediness. They sure as heck did not get there on their own.
AFSCME member   Mike Milner
I am an investor in publicly traded companies through my retirement plan and personal savings.

I strongly support the SEC’s proposal requiring companies to disclose the CEO-to-median worker pay ratio, as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Pay ratio disclosure will help investors evaluate CEO pay levels when voting on executive compensation matters. The ratio of the CEO-to-worker pay is a valuable metric for investors, because it places CEO pay levels into a broader perspective.

For example, investors may use pay ratios as a factor when casting say-on-pay votes. Pay ratio disclosure also will help investors better understand their company’s overall compensation for all employees.

High CEO-to-worker pay ratios can have a negative impact on employee morale and productivity. Disclosure of the pay ratios will help the capital markets better allocate capital to those companies that invest in their workforces.

Sincerely,

Mike Milner

Indiana, PA