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Goodwin

South Carolina Becomes Fifth State to Enact Law Regulating Earned Wage Access Services

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South Carolina has become the fifth state (and the third in 2024) to enact a law that establishes a financial services oversight regime for earned wage access services, also known as on-demand pay services, which allow...more

Venable LLP

CRD's New Pay Data Reporting Requirements

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California law requires private employers of 100 or more employees or remote workers hired through labor contractors to annually report pay, demographic, and other workplace data to California's Civil Rights Department (CRD)....more

Goodwin

Wisconsin Becomes Third State to Enact Law Regulating Earned Wage Access Services

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Following Nevada and Missouri in 2023, Wisconsin has become the third state (and the first in 2024) to enact a law that establishes a financial services oversight regime for earned wage access services, also known as...more

Smith Anderson

The SEC's Proposed Pay Ratio Rule: What it Could Mean for Your Upcoming Filings

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Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) mandates the Securities and Exchange Commission (SEC) to amend Item 402 of Regulation S-K (Item 402) to require certain companies to...more

Goodwin

SEC Issues Proposed "Pay Ratio" Disclosure Rules

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The Securities and Exchange Commission recently issued proposed regulations on the “Pay Ratio” disclosure rules. Under these rules, a public company must disclose the ratio of the median of annual total compensation for all...more

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