The Secular Jurist

FILE - In this Nov. 7, 2011 file photo, Vikram Pandit, CEO of CitiGroup, speaks at the Securities Industry and Financial Markets Association annual meeting, in New York. Citigroup has paid its former CEO Pandit, who resigned abruptly in October 2012, a bonus of $6.7 million for work he did for the bank this year. (AP Photo/Mark Lennihan, File)Citigroup paid its former CEO Pandit, who resigned abruptly in October 2012, a bonus of $6.7 million for work he did for the bank that year. (AP Photo/Mark Lennihan, File)

The Securities and Exchange Commission has been considering (and considering, and considering) a new rule mandated three years ago under Dodd-Frank that would require companies to disclose the ratio between a CEO’s compensation and the median pay of the firm’s employees. Corporations have pushed back powerfully, claiming that gathering that median employee income statistic would be onerous (math being hard). But reports say the SEC is finally readying to role out their proposal for how this rule would work — it’s expected any day now.

Bartlett Naylor, a financial policy advocate with the good government group Public Citizen and the former chief of investigations for the U.S. Senate Banking Committee, hopes that news reports are right and that, after more…

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