Tag Archives: Securities and Exchange Commission’s (SEC) proposed regulation

Admin to force companies to disclose ratio of CEO-to-worker pay

Big boss Obama is dictating again. Companies will be forced to disclose how many times more their Chief Executive Officers earn relative to rank and file employees, the result of a little known regulation in Dodd-Frank to be finalized later this year.

Of course, this plan has the support of labor unions like the AFL-CIO, which seeks to “shame companies into lowering CEO pay.” The price tag of the regulation is expected to be “substantial,” costing more than $72.7 million and over 500,000 hours to comply.

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