Subject: File No. S7-07-13
From: Russell Craig

September 24, 2013

I’m writing in support of a strong Dodd-Frank rule 953(b).

Disclosing corporate pay ratios between CEOs and average employees will discourage the outrageous and reckless pay practices that fueled the 2008 crash.

Knowing which corporations heap riches upon their executives while squeezing struggling employees also will be a useful factor for me when considering which businesses to support with my consumer and investment dollars.

I was told at one time that in Japan the top executive could not be paid more than 25 times the earnings of a company's lowest wage or salary. Pay policies (Hay, for example) come and go, but there needs to be some underlying principle in which human worth is recognized, but not exalted.

I am aware that you are under intense pressure by business interests to weaken or abandon the rule. Do not give in. Instead, weigh your duty to protect investors and the American public against the self-serving interests of those seeking to undermine this rule.

Thank you for considering my comment,

Russell Craig