Wall Street's Two Cents
Industry’s Opposition to a Modest Pay Disclosure Rule
April 12, 2011 — This is the first report in our "Two Cents" series, in which we will document the efforts of special interests to influence the rules that will determine the success or failure of Dodd-Frank. Each report will examine the lobbying expenditures, campaign contributions and “revolving door” connections of the most strident opponents of reform. Our inaugural installment looks at pre-rulemaking efforts to weaken the implementation of the financial reform bill’s requirement that companies registered with the Securities and Exchange Commission to reveal how much their CEO makes in comparison to their average employees.