New SEC rule on CEO pay

[squeak]

From the Wall Street Journal..."We have here the perfect progressive policy. Possibly wasteful and irrelevant, but to the extent it affects the behavior of corporate executives, it provides an incentive not to hire the people its sponsors claim to be helping."

 

[Colorado_Poke]

From the Wall Street Journal..."We have here the perfect progressive policy. Possibly wasteful and irrelevant, but to the extent it affects the behavior of corporate executives, it provides an incentive not to hire the people its sponsors claim to be helping."

I have no idea what you might be referring to. There's several ridiculous disclosure rules that have been proposed in tribute to that turd of a piece of legislation known as Dodd Frank, but nothing concrete had been enacted yet (to my knowledge).

I only ask because I'm heavily involved with SEC reporting for my company.

 

[Colorado_Poke]

I decided to Google it, and apparently they approved the pay-ratio rule. All I can say is "wow."

 

[Medic007]

http://fortune.com/2015/08/06/sec-ceo-pay-ratio-inequality/

 

[squeak]

Lol...just wait. You'll be disclosing your diversity stats next.

Can't wait to see the first restatement due to an inaccurate CEO pay-ratio calculation. Should send the stock in a nose-dive.