As Mandated by the Dodd-Frank Act, the SEC Issued a Rule

question 21

True/False

As mandated by the Dodd-Frank Act, the SEC issued a rule in 2015, effective for the first fiscal year beginning on or after January 1, 2017, requiring most public companies regularly to disclose the ratio of a CEO's compensation to the median compensation of the company's employees.

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Definitions:

Rules of Conduct

Guidelines and standards designed to govern behavior within an organization or profession.

Cultural Values

The core principles and ideals upon which an entire community exists and functions.

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Laws or regulations that limit or regulate certain actions or practices within a specific context or industry.