Subject: File No. S7-03-06
From: kiran A kumar
Affiliation: Professor of Commerce,Ambedker Open University

June 8, 2006

Hello, I learned of this Proposed Rule on Executive Compensation and Related Party Disclosure just today, through your web site. I extend my enthusiastic support for the rule, as it would serve to bring very pertinent information to the attention of debt holders, investors, and other interested parties. Thank you for initiating this proposal, and I look forward to its adoption.

i want to know when will you implement this rule.