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Reconsideration of Pay Ratio Rule Implementation

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Feb 06, 2017

On February 6, 2017, the Securities and Exchange Commission (SEC) released a public statement by Michael Piwowar, the SEC's acting chairman, where he said that he is giving the public an opportunity to express opinions on a rule that forces companies to make public a comparison of executive compensation with the pay of regular workers.

In the public statement, Mr. Piwowar stated that some companies have complained about unanticipated compliance difficulties. In order to better understand the nature of these difficulties, he's seeking public input on any unexpected challenges that issuers have experienced as they prepare for compliance with the rule and whether relief is needed.

Review the public statement on the SEC's website.

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