SEC Backs Rule Forcing Companies to Compare CEO and Worker Pay

Mary Jo White, chairman of the U.S. Securities and Exchange Commission (SEC), listens during a House Financial Services Committee hearing in Washington, D.C., on March 24.

Photographer: Andrew Harrer/Bloomberg

The U.S. Securities and Exchange Commission approved a rule Wednesday requiring companies to reveal the pay gap between the chief executive officer and their typical worker, handing a new weapon to groups protesting rising income inequality.

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