On August 5, 2015, the Securities and Exchange Commission (the “SEC”) voted 3-2 to adopt the final “pay ratio” disclosure rule. This long-awaited, controversial rule is issued pursuant to Section 953(b) of the Dodd-Frank Wall...more
On September 18, 2013, the Securities and Exchange Commission (“SEC”) narrowly voted in favor of proposing a rule that would require public companies to compare their chief executive officer’s compensation with that of all of...more