At an open meeting on September 18, 2013, the Securities and Exchange Commission (“SEC”) approved for public comment proposed rules to implement Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (2010) (the “Dodd-Frank Act”) regarding the requirements for new pay ratio disclosures.
The proposed rules are set forth in Release No. 33-9452 (the “Proposing Release”).
Please see full publication below for more information.