From: Ted Shrader
Securities and Exchange Commission
Dear Securities and Exchange Commission,
Securities and Exchange Commission action via its proposed rule on executive compensation disclosure represents a big step forward. In addition, the practice of issuing stock options needs to be done away with. Their can be no justification for this method of investor subsidization of a company. What is needed is a fair and appropriate sharinig of profit with its financiers, (its stock holding owners); not a milking of them as happens so often via granting of stock options which dilute the worth of their investments.
Thank you very much.
Sincerely, Ted Shrader 17025 via media, San Lorenzo, CA 94580