Fifteen Senate Democrats including Elizabeth Warren (D-Mass.) called Tuesday for the Securities and Exchange Commission to implement a rule on CEO pay that the agency has suppressed for more than a year.

Sen. Robert Menendez (D-N.J.) organized a letter to SEC Chair Mary Jo White demanding action on the rule, which requires companies to disclose the ratio of CEO compensation to the pay of its median worker.

"While CEOs can create value for companies, so can ordinary workers," the letter reads. "Pay ratio disclosure helps investors evaluate the relative value a CEO creates, which facilitates better checks and balances against insiders paying themselves runaway compensation."

... Continue raading article here.