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AFL-CIO Now

Conference Explores CEO Pay and Wall Street Reform Law

Last year’s Wall Street reform law, the Dodd-Frank Act, established significant changes in federal oversight of executive pay. On Monday, Dec. 12, at the AFL-CIO in Washington, D.C., Americans for Financial Reform will host a conference on the new executive pay rules.

Those new provisions include a prohibition on excessive bank bonuses that encourage risk-taking by financial institutions. Other reforms include requiring companies to disclose a CEO-to-worker pay ratio and giving shareholders a greater say on top executive pay.

The conference, which runs from 1:30 p.m. to 5:30 p.m. EST, will include two panel discussions, the first exploring the new “say on pay” and CEO-to-worker pay ratio and the second on executive compensation and risk at financial institutions. Both panels will include corporate accountability, legal and academic experts. Rep. Elijah Cummings (D-Md.), the ranking member of the House Oversight and Government Reform Committee, will be the keynote speaker.

For more information and to RSVP—space is limited—click here. For more on executive pay, visit the AFL-CIO’s Executive PayWatch site here.

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