Securities Law

Posted on Friday, October 4 2013 at 4:02 pm by The Kilpatrick Townsend Securities Team

SEC Proposes Rule for Pay Ratio Disclosure

On September 18, 2013, the Securities and Exchange Commission (the “SEC”) published a proposed rule that would implement Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act by amending Item 402 of Regulation S-K to require a public company to disclose the ratio of the median compensation of its employees to the compensation of its chief executive officer (“Pay Ratio Rule”).

Click here to continue reading alert authored by Thomas P. Hutton, Eric S. Kracov, Edward G. Olifer, David A. Stockton, Ravi R. Desai, Kevin M. Toomy

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