MIND THE GAP: Public companies would have to publicly report the difference in pay between their CEOs and ordinary employees under a proposal advanced by federal regulators.
ON THE OTHER HAND: Opponents say it will be costly and time consuming for companies to gather the pay information on their employees and could also put U.S. companies at a disadvantage relative to their foreign rivals.
WHAT'S NEXT: The Securities and Exchange Commission opened its proposal — which passed 3-2 — to public comment for 60 days. It could be formally adopted sometime after that.
- Financials Industry