By Kathryn Brenzel (September 18, 2013, 4:24 PM EDT) -- The U.S. Securities and Exchange Commission on Wednesday voted in favor of a proposed rule requiring public companies to disclose how much their CEOs make compared to other workers, inching one step closer to implementing the Dodd-Frank Act requirement proposed three years ago.
The proposal won 3-2 and will next be open to public consideration, according to an SEC spokesman. The proposed rule calls on companies to include a ratio of CEO-to-worker annual compensation in regulatory filings, SEC Chairman Mary Jo White said Wednesday at an open meeting in Washington, D.C. The provision was introduced in the Dodd-Frank Act in 2010,...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!