A long awaited CEO pay ratio rule was approved by the Securities and Exchange Commission this morning. The rule requires public companies to list their chief executives total annual compensation as a ratio of their worker’s median pay. Five years later, CEO pay ratio a reality Five years after Congressed passed the Dodd-Frank Wall Street Reform and Consumer Protection Acts, which mandated the CEO pay ratio rule, and two years after the SEC formally proposed the requirement, the act was passed by a 3-2 vote along political lines. Two Republicans on the panel, outgoing commissioner Daniel Gallagher and Michael Piwowar,…
CEO Pay Ratio Passes, But Fight Will Continue
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.