Subject: File No. S7-07-13
From: Jeffrey Bucholz

October 11, 2013

The American people are becoming all to aware of the widening gap between the top 1% of the population and the average worker. However, all to often the arguments against this gap are made with insufficient information. This rule will allow the transparency necessary to make a logical and informative argument for compensation of the executive ranks compared to the average wage earner in that particular company. Please allow the enforcement of this rule. Executive compensation in the U.S. is not only extravagant, but embarassing when compared to the rest of the world.