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Acting SEC Chairman Requests Comment on Implementation of Pay Ratio Rule
February 07, 2017
Acting SEC Chairman Michael S. Piwowar issued a public statement on February 6, 2017, which requests comment regarding the rule mandated by Dodd-Frank that requires public companies to disclose the ratio of median worker pay to CEO compensation. This action could lead to a delay in the implementation of the rule, and, ultimately, to its being amended or rescinded.