Realigning Financial Regulation
Has financial reform succeeded in realigning finance with society’s broader public interests? Here’s what several of our top experts have to say.
In this comment, we explain our objections to the SEC’s current formulation of the PRDR on each of these three grounds. Then we present the latest data on the remuneration of the 500 highest-paid CEOs in the United States, demonstrating the way in which the SEC’s measure of CEO pay that enters into the CMW ratio tends to systematically underestimate actual executive pay. Read more