Chamber Declines to Litigate Pay Ratio Rules
The WSJ reported that the U.S. Chamber of Commerce will not be challenging the SEC pay ratio disclosure rules in court. Our memo on the final rules is here.
According to the article, the Chamber noted that the rule is not effective until 2018. The political landscape surrounding the rule could change after the 2016 elections. There have already been several Congressional efforts to repeal the rule.
The Chamber intends to continue focusing on the conflict minerals litigation.
This communication, which we believe may be of interest to our clients and friends of the firm, is for general information only. It is not a full analysis of the matters presented and should not be relied upon as legal advice. This may be considered attorney advertising in some jurisdictions. Please refer to the firm's privacy notice for further details.
Copy link to share post