Subject: File No. S7-07-15
From: Desmonde Printz
Affiliation: Former analyst, Proxy Monitor

April 30, 2015

Disclosure is not a cure-all, but the more light the better. And the uniformity of the rule makes it meaningful.

Everyone but the CEOs and the Compensation Committees knows that the pay and perks of many, many executives is obscene (and largely unnecessary).