SEC Proposals Remain Under Discussion, Lawyer Says

Carrie Ratliff, a partner at King & Spalding LLP, joined REIT.com for a video interview at REITWise 2017: NAREIT’s Law, Accounting & Finance Conference in La Quinta, California.

Ratliff participated in a REITWise panel on Securities and Exchange Commission (SEC) legal issues.

Ratliff commented on the SEC’s proposed rule that will require companies to disclose a ratio comparing the CEO’s pay with the median workforce. She noted that the issue has generated considerable anxiety, as it will allow all employees to compare their salaries to the median figure.

Ratliff also discussed the uncertainty surrounding SEC proposals on executive clawbacks, noting that many companies already have clawback policies in place. “At this point, you just wait and see what the final rules look like and then adjust from there,” she said.

Ratliff added that her clients are not feeling the need to adopt the rule that was proposed by the SEC given that there’s so much “still up in the air.”