Why It's A Good Thing The SEC Is Doing Something About CEO Pay

CEO pay has gotten so out of whack in recent years that regulators are taking notice. The Securities and Exchange Commission released a proposed rule Wednesday that would require companies to reveal the ratio between CEO and worker pay. Supporters of the proposal, which is part of the Dodd-Frank reform law, say it would help give shareholders a better sense of which companies are paying their CEOs too much. But business groups say the rule would be too much of a burden on companies, requiring th...