The Securities and Exchange Commission has published its proposals in respect of the obligation imposed on it, under Section 953 ("Executive compensation disclosures") of the Dodd-Frank Wall Street Reform and Consumer Protection Act, to require issuers to disclose (amongst other things) the ratio of the median of the total compensation of all employees to the annual total compensation of the chief executive officer: see here (pdf).
Thursday, 19 September 2013
USA: SEC publishes pay ratio disclosure rule
The Securities and Exchange Commission has published its proposals in respect of the obligation imposed on it, under Section 953 ("Executive compensation disclosures") of the Dodd-Frank Wall Street Reform and Consumer Protection Act, to require issuers to disclose (amongst other things) the ratio of the median of the total compensation of all employees to the annual total compensation of the chief executive officer: see here (pdf).
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