This is in the Dodd-Frank act that is not being implimented. Please sign to get this going

[Maraya1969]

http://act.aflcio.org/c/18/p/dia/action3/common/public/?action_KEY=4198

Apparently it is written in the law. Why isn't it being followed??? Here is a copy of the letter that is being sent to the securities and exchange commission

[e-mail] - To send more emails.

And if you go to the link you can sign the petition. But this is the first time I am hearing of this. Admittedly I don't follow all the bills passed and what is in them but this is big. If the average person knew how much the CEO'S were skimming off of the top of the till they would be up in arms. I think they just don't know.


"I urge you to promptly issue a rule requiring public companies to disclose their ratio of CEO-to-worker compensation, as required by Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act. This pay ratio disclosure requirement will help boards of directors and investors evaluate the overall level of CEO compensation relative to other company employees.

The ratio of CEO-to-worker pay is material information for investors for many reasons. Academic studies show that large pay disparities within a company can hurt employee teamwork, productivity, loyalty and motivation. The impact of high levels of CEO pay on employee morale is particularly important in today’s weak economy, when workers are being asked to do more for less."

Sincerely,

[jpbollma]

1. this would be a fantastic provision

to implement. I hope they get on the ball with this. I bet Senator Warren and Senator Sanders would push for this provision to be enforced.

[Maraya1969]

2. I just sent another letter to the SEC and asked them why it hasn't been enforce yet.

It seems to me that if the bill has passed then it is now law and it should be implemented right?