From: Ann Swanson
Sent: April 19, 2006
Subject: File No. S7-03-06

Securities and Exchange Commission

Dear Securities and Exchange Commission,

I urge the Securities and Exchang Commision to move forward with its proposed rule making on disclosure for Executive Compensation. Executives often receive huge compensations although the companies are not preforming will. There needs to be better disclosure. Shareholders as well as employees and the public need to know executives compensation to determing if executives are being unfairly compensated at the expensce of shareholders or given adequate compensation.

The new rules will facilitate the shareholders and public in obtaining this important information. The new rules require disclosure of total compensation including pensions. The detailed compensation breakdowns will give a clearer picture of executive compensation and work preformed.

CEO pay should be determined by independent directors. Shareholder must know if executives have potential conflicts of interest with thir companies regardless of amount.

Shareholders must be given pay-for- -preformance information. Shareholders need to know the performance criteria required for corresponding salaries. Sharholders must also know the performance targets.


Ann Swanson
45 Locust Ave.
Charleroi, Pennsylvania 15022-2537