Securities and Exchange Commission votes 3-2 to institute provision of Dodd-Frank Wall Street reform act from 2017 but expects pushback from businessesPublicly traded companies will have to reveal the pay ratios of their CEOs and the median pay of their workforce thanks to a split vote by the US Securities and Exchange Commission (SEC) on Wednesday. SEC chairwoman Mary Jo White said the regulator had no option other than to pass the rule,which passed in a 3-2 vote, with the two Republican commissioners voting against. Continue reading...
Source: theguardian.com