Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 23 OCTOBER 2013

SEC Proposes CEO Pay Ratio Disclosure

Fox Rothschild LLP
Fox Rothschild LLP
Contributor
Explore more from Fox Rothschild LLP

On September 18, 2013, the Securities and Exchange Commission (SEC) proposed to amend Item 402 of Regulation S-K to require issuers to disclose the ratio of the annual total compensation of the issuer’s CEO to the median annual total compensation of all of the issuer’s employees.

United StatesCorporate/Commercial Law
Vincent Vietti
Vincent Vietti
Alexander J. Tablin-Wolf
Alexander J. Tablin-Wolf
Author LinkedIn connections

On September 18, 2013, the Securities and Exchange Commission (SEC) proposed to amend Item 402 of Regulation S-K to require issuers to disclose the ratio of the annual total compensation of the issuer's CEO to the median annual total compensation of all of the issuer's employees. The proposed rules, known as "pay ratio" disclosure, were approved by a 3-2 vote of the SEC Commissioners and will renew the focus on issuers' compensation practices.  

Given the reaction of commentators, market participants and even the SEC Commissioners, the proposal is expected to generate critical commentary. The SEC has asked for comments on more than 60 issues relating to the proposed rules. The 60-day public comment period concerning the proposed rules expires on December 2, 2013. The rules are expected to be effective for the 2016 proxy season.  

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Healthcare Trends & Transactions Q2 2026

Healthcare M&A activity maintained steady momentum through Q2 2026, driven by physician practice consolidation, AI-enabled technology acquisitions, and strategic outpatient expansion. Private equity investment persisted despite intensifying regulatory scrutiny of MSO arrangements, while digital health buyers paid significant premiums for platforms demonstrating production-grade AI capabilities and proprietary data assets.
United StatesCorporate/Commercial Law
Bass, Berry & Sims PLC
Bass, Berry & Sims PLC
Article

CLIENT ALERT: 2026 Mid-Year Update On SEC And CFTC Enforcement

The SEC and CFTC have fundamentally shifted their enforcement approach in 2026, moving away from high-volume technical violations toward targeted actions addressing serious fraud and market manipulation. This mid-year update examines new leadership priorities, enhanced inter-agency coordination, revised cooperation policies, the elimination of "no-deny" settlement provisions, and a landmark Supreme Court ruling on disgorgement that collectively reshape the regulatory landscape for market participants.
United StatesCorporate/Commercial Law
Sher Tremonte
Sher Tremonte
Article

California SB 923 Expands CCPA Deletion Rights: How It Compares To The DELETE Act And DROP

Beginning January 1, 2027, consumers will be able to request deletion of covered personal information that a business collected “from or about” them. This is a significant expansion from the current CCPA language that only applies to information collected “from” the consumer. This may include appended contact information, demographic data, marketing segments, identity-resolution data and other information used to enrich a consumer profile.
United StatesPrivacy
Fox Rothschild LLP
Fox Rothschild LLP