Tag Archives: SEC

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AFR Supports 953(b) – Calls for Disclosure of Executive Compensation

AFR wrote a comment letter supporting the requirement in Section 953(b) of the Dodd-Frank Act that companies disclose to investors the ratio of CEO pay to the compensation of the typical employee at the company. Existing requirements mandate disclosure of top executive compensation only, encouraging companies to focus unduly on peer to peer comparisons when setting CEO pay. Disclosure of CEO-to-worker pay ratios will encourage Boards of Directors to also consider pay equity within firms, top-to-bottom and not just at the CEO level. This information will also be useful to investors who prioritize pay equity as part of their investment decision. Rep. Nan Hayworth (NY) has introduced a bill to repeal this section of Dodd-Frank.

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AFR Short Term Borrowing

PDF version available here February 22nd, 2011 Mary Schapiro Chairman Securities and Exchange Commission 100 F Street, NE Washington, DC   20549 Cc: Luis Aguilar, Commissioner Cc: Kathleen Casey, Commissioner Cc: Troy Paredes, Commissioner Cc: Elisse Walter, Commissioner Cc: Elizabeth M. Murphy, Secretary Re: File No.