Final Pay Ratio Rule Gives a Few Compliance Breaks
Richard Morris was quoted in Compliance Week about the Securities and Exchange Commission recently adopted regulations requiring CEO pay ratio disclosure rule for publicly traded companies. Morris advised that companies not view the rule in isolation, but see it as one piece in the SEC's broad spectrum of required compensation disclosures. "This gives greater importance to the disclosure that is going to be required when you put out your compensation policy. This is what a prudent compensation committee should already be using to evaluate the compensation of their executives."