Acting Chairman Michael S. Piwowar released a statement on February 6, 2017 regarding the reconsideration of the SEC’s pay ratio disclosure. Adopted in August 2015, compliance for the rule was delayed for companies until their first fiscal year beginning on or after January 1, 2017. As companies have started the process of implementing systems and controls to process the information needed in the disclosure, the SEC has begun to hear reports of unanticipated compliance difficulties.
Monday, February 06. 2017
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