Coalition Letter on Extension for Pay Ratio

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The undersigned organizations, institutions, and nonprofits interested in fostering entrepreneurship represent hundreds of thousands of businesses, small and large, and their professionals, from all sectors of the economy employing tens of millions of Americans. We have all played an active, ongoing part in providing comments and informing rulemakings implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”), including sending comments to the Securities and Exchange Commission (“SEC”) on the pay ratio disclosure requirements of Section 953(b) of the Dodd-Frank Act prior to the issuance of a proposed rule. Having reviewed the proposal to implement Section 953(b), the undersigned organizations hereby request a 60-day extension of the deadline for filing comments on the proposed Pay Ratio Disclosure rule published in the Federal Register on October 1, 2013 (“Proposed Rule”).