Despite optimism during the early days of the Trump administration that the SEC’s pay ratio disclosure rule was on the chopping block, the bitter reality is settling in: it is likely that most public companies will be required to include CEO pay ratio disclosure in their 2018 proxy statements.
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Late last month, two major stock index firms announced decisions to partially or fully exclude from their indexes companies with multi-class share structures.
On August 3, the Board of Governors of the Federal Reserve System proposed metrics for “board effectiveness” as part of a broader document on proposed supervisory guidance for all institutions under Fed supervision.