Subject: File # S7-02-16
From: Petur S. Williams

February 10, 2016

Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act requires public corporations to disclose the ratio by which a CEO's pay exceeds the median pay of its other employees….determining and publishing this ratio is not an onerous burden for any corporation, and it is a very useful metric for shareholders.   Leave Section 953(b) in place and continue to require public corporations to inform shareholders of all relevant aspects of executive compensation.  

Petur S. Williams

Williams Brothers