This week, the Center joined with 16 other organizations in sending a letter to the SEC asking the agency to reverse its controversial decision to revoke no action relief granted to Whole Foods Markets
Rep. Bill Huizenga (R-MI) along with 16 Republican co-sponsors reintroduced the Burdensome Data Collection Relief Act, H.R. 414 which would repeal the Dodd-Frank pay ratio.
AFL-CIO President Richard Trumka penned a New York Times Dealbook piece titled "Investors Should Know Pay Gap Between C.E.O.s and Workers," but his arguments consisted of a rehash of off-point academic articles and dubious assertions, with nothing to support his conclusion that there is broad investor interest in the data.
SEC Commissioner Michael Piwowar, an economist, is the only non-attorney SEC Commissioner and the first in over seven years.
During the 2013 proxy season, 466 S&P 500 companies reported say on pay results. 460 companies (98.71%) reported received majority support, averaging 91.84% support with a median of 95.49%.