July 17, 2015
Pay Ratio: Petition Hits 165k – & A New Timing Poll!
– Broc Romanek, CompensationStandards.com
As noted in this press release, a group consisting of AFL-CIO, CREDO Action, MoveOn.org, Americans for Financial Reform and Public Citizen delivered a petition to the SEC yesterday that numbered 165k signatures. Not sure whether that will influence the SEC to act any sooner since other petitions have not resulted in any action – although the rumor is that these rules will be adopted on August 5th.
There have been false starts before – this poll of the community as to when the pay ratio rules would be adopted fared well as the “winners” were those that guessed that the pay ratio rules would be adopted later than any of the offered poll choices. Here’s a new poll for you to make a prediction: