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Flexible SEC pay ratio rule should not undermine benefits, Stein says

( August 5, 2015, 21:44 GMT | Official Statement) -- MLex Summary: The flexibility provided by the US Securities and Exchange Commission's rule to require companies to disclose the ratio between chief executive officer pay and median employee should not undermine the intended benefits for investors, Democratic Commissioner Kara Stein said Wednesday. Under the rule, companies have the option to make cost-of-living adjustments when determining median employee pay, but they are still required to display the unadjusted ratio, Stein said.Statement follows in full....

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