SEC Pay Ratio Rule Appears Bound For Courtroom Showdown

Law360, New York (August 5, 2015, 9:19 PM EDT) -- While the U.S. Securities and Exchange Commission ended one five-year battle on Wednesday when it passed its controversial new pay ratio rule, experts anticipate a new front will emerge soon in federal appeals court as aggrieved business groups look for ways to neutralize a regulation they regard as all cost and no benefit.

A split U.S. Securities and Exchange Commission on Wednesday approved a contentious new rule forcing public companies to reveal the pay gap between their chief executive and their typical worker. (Credit: AP) After years of being both under consideration and in the public spotlight, a divided SEC approved...

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