Wall Street’s Worst Excuse Ever
After the Great Recession of 2008, Congress passed a bill cracking down on some of Corporate America’s worst practices. Sadly, some of these rules still haven’t taken effect.
One rule required by the law would make publicly traded companies show the difference in compensation between their CEO and the median employee. After five years of delays, the U.S. Securities and Exchange Commission (SEC) was set to make the rule take effect.
A recent announcement has us concerned that the SEC is trying to undo or further delay the rule. That’s not right. We need you to add your voice and tell the SEC that we must not let Wall Street and other big corporations get away with hiding this information any longer.