Subject: File No. S7-03-06
From: Benjamin E Langston
Affiliation: Private Asset Manager, BS Finance, Accountancy University of Wisconsin La Crosse

February 14, 2006

Regarding the proposed amendment to the Securities Exchange act of 1934 concerning executive disclosure the conservative approach in respect to continuity should be taken. Despite it's shortcomings, Sarbanes-Oxley in coordination with FAS 123R already accomplishes the majority of the proposed further disclosure involving the current proposal. To require further unnecessary disclosure would be burdensome and repetitive regarding the current legislation in place. The current requirements regarding 8K, 10Q, and 10K filings are more than adequate to inform the investing community of a company's executive compensation policies.