Blog: Update on pay-ratio rule

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Rumor has it that, at the recent ABA Business Law Section Annual Meeting in Chicago, Corp Fin Director Bill Hinman confirmed—in case there was any doubt—that the pay-ratio rule would be in place for reporting in 2018.  

Presumably, that assumes no Congressional action that would preclude pay-ratio reporting or otherwise lead the SEC to rethink its rules.  And given all that’s on Congress’s plate these days, Congressional action on the pay-ratio rule seems rather unlikely. See this PubCo post.

In addition, expect new CDIs from Corp Fin in the next couple of weeks addressing areas of the pay-ratio rule where the SEC provided flexibility. (See this Cooley Alert.)

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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