March 2, 2017
The U.S. Securities and Exchange Commission has long delayed the Dodd-Frank law’s requirement that public companies disclose the ratio of their CEO’s pay to the pay of their median worker. It would be outrageous to further delay or reverse progress on that rule now. Why don't you all at the US Securities and Exchange Commission do your jobs, and stop delaying the Dodd-Frank law's requirement, now. So far, you all have not lived up to your duty and responsibility; and yet, you all have shamefully been paid by the taxpayers. Do your jobs, now, or bloody resigned, at once.
Americans need and deserve more information about corporate pay practices. Such data helps shareholders guard their pocketbooks against self-seeking executives and it helps us all evaluate the long-term soundness of companies. That’s because excessive compensation at the top encourages risky practices up and down the line—in addition to inhibiting teamwork and reducing employee morale and productivity.
There is simply no excuse to give big corporations a pass about being transparent about their pay practices.