SEC reportedly on verge of proposing CEO-pay rule

(Brendan Smialowski/Getty Images)

The Securities and Exchange Commission reportedly will propose a rule requiring disclosure on the difference between a CEO's salary and that of an average employee. The rule will require companies to take a sample of their workforce and compare the median salary to that of the CEO, an approach meant to ameliorate concerns from some large firms about the difficulty of the task. Both Republican members of the SEC are thought to oppose the rule; however the two Democrats and Chairman Mary Jo White reportedly support it.

View Full Article in:

Wall Street Journal (tiered subscription model), The

Published in Brief: