A.J. Kess and Yafit Cohn Co-Author Article in The Wall Street Journal
12.03.14
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Corporate Partner A.J. Kess and Corporate Associate Yafit Cohn co-authored an article, "Playing the Dodd-Frank Shaming Game," which was published on December 3 in
The Wall Street Journal. The article argues that the anticipated pay-ratio rule is inconsistent with the purpose of the federal securities laws and politicizes the SEC's disclosure regime, continuing the recent trend of Congress's abuse of the securities laws to advance social and political interests. The article notes that the pay-ratio rule would force corporations and their shareholders to bear the astronomical costs of complying with a rule that has no discernible benefit to investors.
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