Subject: File No. S7-07-13
From: Marg Chauvin

October 12, 2013

It is important to publish the intersection of pay equity and investor value for securities and similar investments which give the public a window into knowing  who benefits from investments.  It is a well-know fact that CEO pay far outstrips that of employees and if we include benefits and spending accounts we learn even more of the true situation.  An investor deserves to know where there money is used and who profits from their investment.  Thus I support Dodd-Frank rule 953(b). 

A fair pay structure means stronger companies and a stronger economy because both workers and investors have more income to distribute back into the system.  Additionally, CEOs begin to care  more about their employees as the wage discrepancy is not so huge.  These are issues of importance to me as a consumer, educator, retiree, and investor.

Certainly, those making the highest salaries at the expense of the rest prefer to maintain the status quo and hide the pay disparities; however, this is not in the best interest of  our country. Stand firm, and implement the law as written.

Thank you for considering my comment,

Marg Chauvin