Corporate Communicator - Fall 2013
Dear clients and friends,
In this issue of the Corporate Communicator, we provide a summary of the Securities and Exchange Commission’s recently proposed pay ratio disclosures. The pay ratio (sometimes referred to as the “pay disparity” ratio) disclosure was proposed by the SEC as mandated by Dodd-Frank. The rule remains controversial and was approved by the Securities and Exchange Commission by a 3-2 vote. Each of the dissenting Commissioners published a Dissenting Statement.