May 17, 2017
U.S. Securities and Exchange Commission,
Pleas Answer my Questions.
Are you not moving forward on this because you don't want the middle class American to know the distance of disparity of pay and the treatment of WORKING AMERICANS? Are you furthering a cause in complete opposition to the needs of the People , our Community, All Families, to our Republic. Playing games to further the economy with thought of enriching a few as opposed to "We the People."
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.
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.
Gail Marie Perry