Marty Rosenbaum, Partner in Maslon's Business & Securities Group, and editor of the ON Securities blog, was recently interviewed on Lexblog Network TV (LXBN TV) about the SEC's recently proposed pay ratio disclosure rule. In Marty's six-minute commentary titled "The SEC's CEO Pay Ratio Disclosure Rule: Does It Accomplish Anything?" he explains the significant challenges the rule will present for public companies, including the exercise of finding the median compensated employee of a large company, which Marty calls a game of "Where's Ralph." Marty also discusses why the proposed rule is controversial, and comments that the required disclosures likely will not be very helpful to investors.
Marty Rosenbaum has nearly 30 years' experience providing business legal services to public and privately held companies at all stages of development. He regularly advises public companies regarding compliance, corporate finance, governance and executive compensation issues. Marty’s blog ONSecurities.com, address securities, corporate governance and compensation issues facing public companies. It was selected as a "Top 25 Minnesota Blawg" for two years in a row by the editors of the Legal News Digest and the Minnesota State Bar Association's Practice Blawg.