Subject: File No. S7-07-13
From: Tim Gaughan

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.

This requirement would be no different than the requirement of labor organizations filling annual financial reports to the Department of Labor that are then required to be posted online for the entire world to access. These overpaid CEO's can well afford the extra paperwork.

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,

Tim Gaughan

Battle Ground, WA