Subject: File No. S7-12-15
From: William Millhollin
Affiliation: Northwest Permit, Inc.

October 14, 2021

I commend and support the efforts and intent of this rule to clawback erroneous or fraudulent overpayment of those CEO's that are structured for incentive-based executive compensation. Incentive-based executive compensation BOTH ebbs and flows with the books and should reflect correctly when there are adjustments to the books.

I stand behind SEC Chair Gary Gensler's statements.

-SEC Chair Gary Gensler-

\"I support todays action to reopen comment on the Dodd-Frank Act rule regarding clawbacks of incentive-based executive compensation,. I believe we have an opportunity to strengthen the transparency and quality of corporate financial statements, as well as the accountability of corporate executives to their investors.