Bloomberg Law
Free Newsletter Sign Up
Login
BROWSE
Bloomberg Law
Welcome
Login
Advanced Search Go
Free Newsletter Sign Up

More Corporate Reporting on Workers Urged by Ex-SEC Members (1)

June 10, 2022, 6:17 PMUpdated: June 10, 2022, 7:50 PM

Former SEC commissioners are urging the agency to require companies to publicly disclose how they classify and pay their employees.

The Securities and Exchange Commission should require statistics on full-time, part-time and contingent workers, as well as details on their salaries and other compensation, former SEC Commissioners Robert Jackson and Joseph Grundfest and others said in a petition posted on the agency’s website Thursday.

Jackson and Grundfest, now law professors, submitted the petition with several academics, including John Coates, a former SEC general counsel and acting director of the agency’s Division of Corporation Finance. They’re part of the Working Group ...