March 21, 2017
To Whom It May Concern:
I fully support Section 953b of the Dodd-Frank Wall Street Reform and Consumer Protection Act. (The CEO/worker pay ratio disclosure rule.)
We believe 953b is essential to be sure managers and boards are governing companies responsibly.
There is ample research to suggest that relatively high CEO pay creates bad incentives that lead to excessive risk-taking, diminished investments in corporations, and even fraudulent activity. It is essential that you do not disrupt the implementation of this rule.