In __________, the SEC issued a rule required by the Dodd-Frank Act that requires a company to disclose (1) the median of the annual total compensation of all its employees except the CEO, (2) the annual total compensation of its CEO, and (3) the ratio of those two amounts.

Question

Quizplus · Accepted Answer

In 2015, the U.S. Securities and Exchange Commission (SEC) issued a rule mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, requiring public companies to disclose the pay ratio between their chief executive officer (CEO) and the median compensation of their employees.

In __________, the SEC Issued a Rule Required by the Dodd-Frank