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.
The 2014 proxy season featured a 15% drop in say on pay volatility - the number of companies which experienced a year-over-year change in say on pay support exceeding 20 percentage points.
SEC Commissioner Michael Piwowar, an economist, is the only non-attorney SEC Commissioner and the first in over seven years.