Senator Elizabeth Warren

Pay Ratio Rule Continues Down Slow Road After Public Senatorial Scolding

Coins and Hourglass

On Friday June 5, 2015, the SEC made incremental progress toward finalizing the “pay ratio” rule required by the 2010 Dodd-Frank Act by publishing a memo from the Division of Economic and Risk Analysis (DERA memo) that addresses questions about how that pay ratio will be calculated for the purposes of the law.

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