March 20, 2017
To Whom It May Concern:
I am writing to urge you to keep the CEO pay transparency rule (or the disclosure requirement) in place, as is, or possibly stronger, i.e. requiring further disclosure. As candidate Donald Trump pointed out on the campaign trail repeatedly, there is, in too many cases, a problem with out of control CEO compensation.
Many expert studies about the US economy have documented the polarization of wealth and income, here, and commented worriedly on excess CEO compensation as a contributing factor. To the extend there are CEOs or representatives of CEO's interests who argue that CEO compensation is not actually excessive, the disclosure requirement ought to assist them in making that point, presumably allowing non-excessively compensated CEO's to compare favorably with those who are excessively compensated.
There is plenty of evidence - in polling and as evidenced by popular reaction to the actions of banks, and all corporations, after the 2008 Recession began - that popular opinion about this subject favors disclosure of CEO compensation, especially for publicly-traded firms.
I strongly urge "No Change" to the current rule.